Yei Finance (CLO) Launches on Binance Alpha and Futures
Binance has officially announced the listing of Yei Finance (CLO), which will be available for trading on Binance Alpha starting at 2025-10-14 11:00 (UTC). Alongside this, the CLOUSDT Perpetual Contract will be launched on Binance Futures with up to 50x leverage at 2025-10-14 11:30 (UTC).
This marks an exciting milestone as Binance becomes the first trading platform to feature Yei Finance, a decentralized and non-custodial money market protocol.
Overview of Yei Finance (CLO)
Yei Finance operates as a decentralized money market protocol that allows users to lend, trade, and bridge assets across various blockchains. This innovative project emphasizes user control and flexibility, providing a platform where individuals can securely conduct transactions without relying on custodial services.
Key Features of Yei Finance:
- Decentralized Protocol: Ensures user control and minimizes risk by dispersing asset management.
- Cross-chain Functionality: Facilitates trading and bridging of assets across different blockchains.
- User-friendly Interface: Designed for ease of use, making it accessible to both new and experienced traders.
Trading Details
The launch of CLO trading and the CLOUSDT Perpetual Contract on Binance includes important specifications that traders should be aware of. Here’s a summary:
| Feature | Details |
|—————————————–|————————————|
| Underlying Asset | Yei Finance (CLO) |
| Launch Time (CLOUSDT Contract) | 2025-10-14 11:30 (UTC) |
| Settlement Asset | USDT |
| Maximum Leverage | 50x |
| Funding Fee Settlement Frequency | Every Four Hours |
| Trading Hours | 24/7 |
| Capped Funding Rate | +2.00% / -2.00% |
Note: Traders should also take note of the tick size, which will be updated 15 minutes prior to launch.
Exclusive Token Airdrop
In celebration of the launch of Yei Finance on Binance, an exclusive token airdrop will be available for eligible Binance users. Users must claim this airdrop utilizing their Binance Alpha Points between 2025-10-14 11:00 (UTC) and 2025-10-15 11:00 (UTC) on the Binance Alpha Events Page.
Steps to Claim Airdrop:
- Navigate to the Binance Alpha Events Page via the Binance App.
- Use your Binance Alpha Points to claim the airdrop.
- Follow the instructions provided on the event page for detailed guidance.
Risk and Disclaimer
Investors should be aware of the risks associated with trading in new tokens. Yei Finance (CLO) is marked as an Alpha Asset, which indicates it may exhibit increased price volatility. Binance disclaims responsibility for potential losses as a result of investing in these assets. It is crucial for individuals to conduct thorough research and consult with financial advisors to assess their investment decisions wisely.
Noteworthy Links
- Yei Finance Official Website
- CLOUSDT Perpetual Contract Details
- Claim Your Airdrop
- Binance Futures Trading Rules
Conclusion
The addition of Yei Finance (CLO) to Binance Alpha and Binance Futures opens new trading avenues for crypto enthusiasts and professional investors alike. As with any investment in cryptocurrencies, participants must stay informed and assess the risks carefully.