Binance has launched LDUSDT, a yield margin asset that allows traders to earn passive income while trading futures.
Binance has announced that the margin assets LDUSDT, including compensation, are now available on Exchange’s futures trading platform. Users can exchange Tether (USDT) with LDUSDT’s Simple Earn Platform. This can be used as a margin of transactions while earning passive income through rewards.
The launch of LDUSDT follows Binance’s success with assets including initial compensation, at a current base annual rate of 2.85%, which began last November.
What sets LDUSDT apart is the integration of yield and margin utility. Unlike BFUSD, which offers a stable base APY but cannot be used for futures trading, LDUSDT allows users to continue to earn rewards while deploying assets as collateral for USD-M futures contracts.
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The launch of LDUSDT is part of a wider and growing trend among central exchanges to create native yield-generating assets that provide passive income opportunities for users. Other CEXs, including Coinbase, Bybit and OKX, are already in this space with their own versions of yield generation products.
For example, Coinbase promotes USD Coin (USDC) as a yield-earning stubcoin within the Base Layer 2 network, giving users the opportunity to win 4.1% just by holding it in Coinbase. BYBIT’s ArtHub offers flexible, fixed-term investments with high APY through USDT and USDC products, and OKX integrates with yield generation protocols such as Origin Dollar (OUSD), which offers 3.85% APY.
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