Deep Tide TechFlow news, on November 26, according to The Block, Binance announced the launch of the yield-bearing margin asset BFUSD, which will officially go live on November 27 at 10:00 (UTC+8). Users can earn passive income by holding or trading contracts, and Binance promises that its annual percentage yield (APY) will never be below zero.
According to a Binance spokesperson, BFUSD holders will receive a daily calculated base annual yield, allowing them to enjoy earnings even without participating in contract trading. Eligible USDⓈ-M contract trading users can also receive a higher enhanced annual yield on the same day. Historical data shows that from November 20 to 25, the base annual yield rate for BFUSD fluctuated between 12% and 35%, while the enhanced yield reached 15% to 47%.
BFUSD is not a stablecoin and cannot be withdrawn from Binance's contract account or traded on the open market; it can only be used as margin for Binance contract trading and can be exchanged 1:1 with USDT. This product generates income through a delta hedging strategy between the spot and contract markets, as well as Ethereum staking. It is currently only open to qualified Binance contract users in supported regions, excluding restricted areas such as the United States.