Binance Futures announced a new TradFi perpetual contract tracking MercadoLibre (MELI), available 24/7 with up to 20x leverage, per the exchange's X announcement. Full contract terms are on Binance's support page.
- Single-stock perp added to Binance Futures' growing tokenized-stock lineup, which uses funding rates to keep prices anchored to the underlying index
- Follows recent TradFi perp batches (EWZS/SMR/OXY/AMGN/PFE and EIDO/EQT/STM/ABBV) as the exchange keeps widening the offering