Futures Traders Can Now Earn While Trading
Binance is preparing to roll out LDUSDT, a new reward-bearing margin asset for its futures platform. The product lets users convert locked USDT from the platform’s Simple Earn USDT Flexible Product into LDUSDT, enabling them to participate in futures trading without giving up passive income.
A Binance spokesperson told The Block that LDUSDT allows users to “continue receiving real-time APR while using their funds for trading,” removing the traditional trade-off between earning yield and liquidity.
APR-Powered Liquidity for Futures
The current APR stands around 1.5%, updating minute by minute. LDUSDT is expected to go live later this month, and there is no expanded form for the product’s name. This launch follows Binance’s introduction of BFUSD last November, the platform’s first reward-bearing margin asset.
Unlike BFUSD, which involves earning rewards from complex strategies like delta-hedging and staking, LDUSDT offers a simplified approach where users maintain APR benefits while trading futures directly.
A Product Designed for Flexibility and Capital Efficiency
“LDUSDT increases capital efficiency for users and lets users put their assets to work as both a reward-earning and liquid trading margin asset,” said Jeff Li, Binance VP of Product. “They retain the flexibility to redeploy their capital at any time.”
Importantly, Binance confirmed that LDUSDT’s APR will not drop below zero, following the same rule as the Simple Earn product from which it derives yield.
Binance says its Earn platform has more than 10 million active users, while the exchange as a whole claims to serve over 250 million users globally.
