Binance Futures launches DeFi index perpetual contracts

Binance, the global blockchain company, and popular crypto-asset exchange company, today announced a new DeFi composite index line of perpetual contracts. This is Binance’s first such composite index derivatives product, allowing users to more easily track the fast-growing DeFi market.

The index will comprise the following DeFi protocols: BAND, Band Protocol LINK, Chainlink COMP, Compound MKR, Maker KAVA, Kava.io SNX, Synthetic Network Token KNC, Kyber Network SXP, Swipe LEND, Aave ZRX, 0x “Binance Futures has been at the forefront of developing new products for users, and we now offer nearly 50 futures pairs, the most in the market by quantity and variety. We are excited to offer the USDT DeFi Index that enables users to more easily access DeFi and further diversify how they trade,” said Aaron Gong, VP of Binance Futures.