Binance has recently introduced HIVE/USDT perpetual contracts, which allow traders to leverage up to 75x. As a result, the price of HIVE has increased by 11% and is now valued at $0.41.
This move is part of Binance's strategy to expand trading opportunities in the market. Additionally, Binance has announced the BIO Protocol as its 63rd Launchpool project. Users can stake BNB and FDUSD to farm BIO tokens during the farming period from December 24 to January 2. Trading for BIO tokens will begin on January 3.
This initiative demonstrates Binance's dedication to supporting innovative projects in the Web3 space, further boosting interest and activity in both HIVE and BIO tokens.