Binance to Launch 100x Leveraged Oil and Gas Perpetuals on April 1
Binance said it will begin round-the-clock perpetual futures trading for WTI crude (CLUSDT), Brent crude (BZUSDT) and natural gas (NATGASUSDT) on April 1, with each USD-margined contract settled in USDT and leverage available up to 100x. The move brings traditional energy commodities onto a major crypto derivatives venue, enabling traders to take synthetic exposure to oil and gas prices without holding physical commodities or fiat.
The listing could boost liquidity and broaden strategies for professional and retail traders alike, while also highlighting the continuing fusion of crypto and commodities markets. Market participants should note the elevated risk profile: 100x leverage amplifies both gains and losses and may increase volatility during price shocks. Settling in USDT keeps settlement within crypto rails, which may appeal to users seeking dollar-pegged execution outside conventional banking hours.