Monday, June 9, 2025

Binance to Launch Trading for Defi App (HOME) on Binance Alpha and Futures

Share

KEY TAKEAWAYS

  • Binance is set to launch trading for Defi App (HOME) on its Binance Alpha platform, marking a first for the platform.
  • Binance Futures will introduce the HOMEUSDT Perpetual Contract with up to 50x leverage, allowing trading with USDT as the settlement asset.
  • An exclusive token airdrop is available for eligible users, claimable via Binance Alpha Points during the launch period.
  • Users should be aware of the risks associated with trading Alpha Assets, which are not listed on the Binance Exchange and may experience higher volatility.

Binance has announced the upcoming launch of trading for Defi App (HOME) on its Binance Alpha platform, set to begin on June 10, 2025, at 11:00 UTC. This launch marks Binance as the first platform to feature and open trading for Defi App (HOME) on both Binance Alpha and Binance Futures.

In addition to spot trading, Binance Futures will introduce the HOMEUSDT Perpetual Contract with up to 50x leverage, starting at 11:30 UTC on the same day. This contract will allow users to trade with the underlying asset, Defi App (HOME), using USDT as the settlement asset.

Exclusive Airdrop and Trading Details

To celebrate the launch, Binance is offering an exclusive token airdrop for eligible users. Participants can claim their airdrop using Binance Alpha Points on the Binance Alpha Events Page from June 10, 11:00 UTC to June 11, 11:00 UTC. More information on claiming the airdrop can be found here.

The HOMEUSDT Perpetual Contract will feature a capped funding rate of +2.00% / -2.00%, with funding fees settled every four hours. The contract supports 24/7 trading and allows for Multi-Assets Mode, enabling users to trade across multiple margin assets.

Risk Considerations and Trading Specifications

Binance has highlighted that the specifications of the HOMEUSDT Perpetual Contract, including funding fees, tick size, and leverage, may be adjusted based on market risk conditions. The tick size details will be updated 15 minutes before the launch time.

Users are advised to be aware of the risks associated with trading Alpha Assets, which are not listed on the Binance Exchange and are subject to higher price volatility. Binance emphasizes that trading decisions should be made independently, considering the associated risks and potential benefits.


Disclaimer: The views expressed in this article are those of the authors and do not necessarily reflect the official policy of CoinsHolder. Content, including that generated with the help of AI, is for informational purposes only and is not intended as legal, financial, or professional advice. Readers should do their research before taking any actions related to the company and carry full responsibility for their decisions.
Neel Kapoor
Neel Kapoor
Neel Kapoor is a dedicated cryptocurrency enthusiast and blockchain expert at Coinsholder.com. With over a decade of experience, Neel offers insightful analysis and commentary on the latest trends and innovations in the crypto space. His clear and concise writing makes complex topics accessible to all readers.

Read more

Related Articles