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Rocket Pool

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<h2 id="key-points">Key Points</h2> 
<ul> 
 <li>Binance Futures announced the launch of RPL Perpetual Contract today.</li> 
 <li>RPL price surged by 30% today.</li> 
</ul> 
<p>In an official announcement, Binance revealed the launch of RPLUSDT Perpetual Contract on Binance Futures later today.</p> 
<p>Futures listings are part of the exchange’s ongoing efforts to expand the offerings for users and to enhance their trading experience.</p> 
<h2 id="rplusdt-perpetual-contract-details">RPLUSDT Perpetual Contract Details</h2> 
<p>Here are the key details about the RPLUSDT Perpetual Contract launch today:</p> 
<ul> 
 <li>Launch time is 12:30 (UTC).</li> 
 <li>The underlying asset is Rocket Pool (RPL).</li> 
 <li>The settlement asset is USDT.</li> 
 <li>The tick size is 0.01.</li> 
 <li>The capped funding rate is +2%/-2%.</li> 
 <li>The funding fee settlement frequency is set every four hours starting today at 16:00 (UTC).</li> 
 <li>Maximum leverage is 75x.</li> 
 <li>Trading hours are 24/7.</li> 
 <li>Multi-Asset Mode is supported.</li> 
</ul> 
<p>According to the <a href="https://www.binance.com/en/support/announcement/binance-futures-will-launch-usd%E2%93%A2-margined-rpl-perpetual-contract-with-up-to-75x-leverage-1aa255e593f140c3a7d76f543ed4a540?hl=en" rel="nofollow noopener" target="_blank">official announcement</a>, Binance may adjust the specifications of the futures contract mentioned above from time to time.</p> 
<p>These specifications include the following:</p> 
<ul> 
 <li>Funding fee</li> 
 <li>Tick size</li> 
 <li>Maximum leverage</li> 
 <li>Initial margin</li> 
 <li>Maintenance margin requirements</li> 
</ul> 
<p>Multi-Assets Mode allows users to trade the Perpetual Contract across multiple margin assets. For instance, when the Multi-Assets Mode is activated, users can use BTC as margin when trading RPLUSDT.</p> 
<p>The Perpetual Contract is subject to Binance Terms of Use and the Binance Futures Service.</p> 
<h2 id="what-is-rocket-pool-rpl">What is Rocket Pool (RPL)?</h2> 
<p>Rocket Pool is a decentralized Ethereum staking pool that offers up to 4.33% APR for ETH2 staking. Users can join the Rocket Pool with its decentralized node operator network to run their own nodes with only 16 ETH.</p> 
<p>Rocket Pool provides liquid staking which means that users can benefit from an increasing exchange rate instead of adding on to their initial staked collateral.</p> 
<p>Rocket Pool also offers smart nodes.</p> 
<figure id="attachment_50086" aria-describedby="caption-attachment-50086" style="width: 100%" class="wp-caption alignnone">
 <a href="https://crypto.ro/en/wp-content/uploads/2024/09/RPL_1D_graph_coinmarketcap.jpeg"><img loading="lazy" decoding="async" class="wp-image-50086 size-full" src="https://crypto.ro/en/wp-content/uploads/2024/09/RPL_1D_graph_coinmarketcap.jpeg" alt="RPL price in USD today" width="1200" height="800" title="Binance Futures Launches Rocket Pool Perpetual Contract, RPL Price Up by 30% 11" srcset="https://crypto.ro/en/wp-content/uploads/2024/09/RPL_1D_graph_coinmarketcap.jpeg 1200w, https://crypto.ro/en/wp-content/uploads/2024/09/RPL_1D_graph_coinmarketcap-300x200.jpeg 300w, https://crypto.ro/en/wp-content/uploads/2024/09/RPL_1D_graph_coinmarketcap-1024x683.jpeg 1024w, https://crypto.ro/en/wp-content/uploads/2024/09/RPL_1D_graph_coinmarketcap-768x512.jpeg 768w, https://crypto.ro/en/wp-content/uploads/2024/09/RPL_1D_graph_coinmarketcap-750x500.jpeg 750w, https://crypto.ro/en/wp-content/uploads/2024/09/RPL_1D_graph_coinmarketcap-1140x760.jpeg 1140w" sizes="(max-width: 1200px) 100vw, 1200px"></a>
 <figcaption id="caption-attachment-50086" class="wp-caption-text">
  RPL price in USD today
 </figcaption>
</figure> 
<p>Today, ahead of the Binance Futures listing, <a href="https://crypto.ro/en/cryptocurrencies/rocket-pool/">Rocket Pool</a> (RPL)’s price surged by around 30%. At the moment of writing this article, RPL is trading above $12 and the token has a market cap of almost $250 million.</p>

Binance Futures Launches Rocket Pool Perpetual Contract, RPL Price Up by 30%

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