Beldex (bdx) 
Binance Futures Announces Launch of SPX6900 Perpetual Contract with 75x Leverage
Binance has announced the launch of four new tokens on USDT Perpetual Contracts, including the viral meme coin SPX6900, alongside Raydium, Koma Inu, and Virtuals Protocol.
SPXUSDT Perpetual Contract Details
The SPXUSDT Perpetual Contract will launch with up to 75x leverage starting on December 10 at 12:45 UTC. The maximum financing rate for the contract is set at +2.00% and -2.00%, with a funding fee calculation frequency of every four hours. The tick size for the perpetual contract is set at 0.0001.
Following the announcement, SPX6900 has seen a moderate increase in value, with a 10% gain in the past 24 hours and a 21.6% gain over the past seven days. The token is currently trading at $0.71, with a 24-hour trading volume of $55 million.
SPX6900 Market Data
SPX6900 has a market capitalization of $642 million, ranking it at number 176 on the crypto leaderboard by market capitalization. The meme coin has a circulating supply of 930 million tokens and a maximum supply of 1 billion tokens.
About SPX6900
SPX6900 is a meme coin born out of internet culture, challenging traditional financial instruments like the S&P 500 stock market index. The token represents the idea that 6900 is greater than 500, suggesting it could offer more value than the stock index.
Additional Listings on Binance Futures
Aside from SPX6900, Binance Futures will also list the following perpetual contracts on December 10:
- RAYSOLUSDT at 12:00 UTC
- KOMAUSDT at 12:15 UTC
- VIRTUALUSDT at 12:30 UTC
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