The world's largest cryptocurrency exchange Binance has added futures contracts for three altcoins - Popcat (POPCAT), Sun (SUN) and Alpaca Finance (ALPACA)

Following the listing on Binance, POPCAT, SUN and ALPACA quotes have shown strong growth.

ALPACA soared over 70% after listing on Binance.

On August 22, trading in ALPACA perpetual contracts with up to 75x leverage began. In addition, Binance also launched futures for POPCAT and SUN memcoins.

The maximum funding rate for perpetual contracts on the listed altcoins is ±2%. However, it is worth noting that this figure may change, as Binance periodically adjusts futures specifications based on market risk assessment. In addition to the funding rate, changes may affect the tick size and margin requirements.

The listing on the world's largest crypto exchange triggered a sharp rise in the number of coins added to the platform. The price of ALPACA immediately jumped by more than 70% to an intraday peak of $0.2716. At the time of writing, the asset is trading at $0.2428.

POPCAT and SUN showed more modest growth - by 20.8% and 30%. The coins are currently worth $0.6104 and $0.0247, respectively.#binance