Binance Futures Launches OGUSDT Perpetual Contract for OG Fan Token with Up to 50x Leverage on May 12

Binance Futures announced the launch of the USDⓈ-margined OGUSDT Perpetual Contract, which will offer up to 50x leverage. The contract is based on the OG Fan Token, a utility token that allows fans of the OG Esports Team to have a tokenized share of influence on team decisions through the Socios application and services. The launch was scheduled for May 12, 2025, at 09:00 UTC. Additionally, HTX Global listed the UFD token, with deposits opened and trading starting shortly after the announcement.

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