Despite a general decline in the cryptocurrency market on Monday, UXLINK, the native token of the Web3 social media platform, bucked the trend and surged more than 100% in the past week.

This performance is particularly impressive against the backdrop of a sluggish market. UXLINK's strong gains were mainly driven by Binance's announcement of its inclusion in the futures platform, a move that introduced USD-margined perpetual contracts with up to 75x leverage.

Traders' enthusiasm remains high, with UXLINK's trading volume surging 134.79% to $1.3 billion in the past 24 hours.

At the same time, open interest in UXLINK futures contracts also rose to more than $50 million, and derivatives trading volume exceeded $895 million, showing the market's strong interest in spot and futures.

Since its launch in July, UXLINK's market value has grown to $111 million, an increase of 329% from the previous month. Currently, the price of UXLINK continues to climb, trading at $0.69, up 26.40% in the past 24 hours. In the past week, the token price has risen by 190%.

In addition, UXLINK partnered with Binance's Web3 wallet in May to launch a campaign to increase user engagement, including rewards such as UXLINK airdrops and UXUY points, thereby enhancing the platform's popularity and attracting new users.

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