Binance Futures, the derivatives trading arm of the prominent cryptocurrency exchange Binance, is poised to introduce a new margin asset that carries rewards, known as LDUSDT.
As detailed in the company’s press announcement, LDUSDT is distinct from a stablecoin. It serves as a cryptocurrency option that users across the exchange can utilize for Futures trading margins. Moreover, this innovation allows users to accrue Simple Earn Real-Time APR rewards.
Simple Earn is an initiative by Binance that enables users to enhance their asset holdings on the platform by participating in flexible or capped savings products.
LDUSDT is on its way! Users can swap USDT from the Simple Earn Flexible Product for LDUSDT, allowing them to earn Real-Time APR rewards while trading with it as margin. Additional details can be found here: https://t.co/MqAKN4xlXs pic.twitter.com/Y9oEATOGiV
— Binance (@binance) April 9, 2025
With the introduction of LDUSDT, users will have the opportunity to exchange their Tether (USDT) Simple Earn Flexible Product assets for this new margin asset. Following this conversion, they can leverage LDUSDT as USDⓈ-M Futures trading margin. According to Binance, USDⓈ-margined contracts are structured as linear futures priced and settled in USDT or USDC.
Additionally, LDUSDT can be utilized as USDⓈ-M Futures trading margin in Multi-Asset Mode, enhancing its functionality for traders.
Users who opt to swap and retain LDUSDT will continue to earn Real-Time APR rewards through Simple Earn Flexible Products. The Annual Percentage Rate (APR) reflects the estimated rewards users can anticipate over a given timeframe.
“LDUSDT will be accessible soon on the Binance Website and App,” the report indicated.
Expanding Reward-Bearing Offering
The rollout of LDUSDT follows the debut of BFUSD, Binance’s inaugural reward-bearing margin asset, launched in November 2024. This initial offering allowed early purchasers to benefit from zero fees on acquisitions.
BFUSD provides users with the chance to earn annual percentage yields (APY) through Binance’s investment and hedging strategies. This structure enables users to generate income from funding fees and staking rewards, catering to active Binance Futures traders aiming for returns on qualifying balances in their Futures accounts.
Similar to LDUSDT, the BFUSD asset can also be employed as margin in Multi-Asset Mode Futures accounts while accruing rewards simultaneously.
BFUSD data:
According to earlier announcements, “eligible users” who purchase and maintain BFUSD in their Futures accounts could receive daily rewards along with a Base APY.
Simultaneously, holders of BFUSD who engage in daily trades of USDⓈ-M Futures were entitled to a Boosted APY, which surpasses the Base APY.
In a related development, Binance recently established a partnership with Worldpay, a global payments provider, integrating Apple Pay and Google Pay into its fiat onramp services. This enhancement allows users to purchase cryptocurrencies using their existing debit and credit cards linked to digital wallets on both desktop and the Binance mobile app.
This partnership follows a monumental $2 billion investment secured by Binance from MGX, a technology investor based in Abu Dhabi, aimed at advancing AI-blockchain integration using Binance’s infrastructure.
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