Binance, the world's leading cryptocurrency exchange, has announced the listing of DEXE/USDT perpetual futures on its platform. The futures will go live on 2023-08-01 at 08:30 PM (UTC) and will have a leverage of up to 75x. DEXE is the native token of the DeXe Network, a decentralized derivatives exchange. The token is used for paying trading fees, staking, and governance on the network. The listing of DEXE/USDT perpetual futures on Binance will provide traders with access to a new and exciting trading product. Perpetual futures are contracts that allow traders to speculate on the future price of an asset without having to take physical delivery of the asset. They are often used by traders to hedge against risk or to take advantage of price movements. The addition of DEXE/USDT perpetual futures to Binance's platform is a sign of the growing popularity of decentralized derivatives exchanges. Binance is one of the first major exchanges to list perpetual futures on a decentralized exchange token, and this move is likely to be followed by other exchanges in the future.

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