Binance, the leading centralized crypto exchange, is set to launch a USD-margined "ALL" Composite Index perpetual contract (ALLUSDT) on August 6 at 9 a.m. UTC. This new contract allows for leverage up to 75x and features funding every eight hours. The ALLUSDT contract tracks all USDT-quoted USDβ-M perpetuals available on Binance Futures, excluding pairs like ETHBTC, USDC-quoted contracts, delivery products, pre-market pairs, and other composite indexes. According to a blog post from August 5, the index will undergo daily rebalancing at 08:00 UTC. Newly listed contracts will be added during the next rebalance, while contracts that are delisted will be removed 40 hours before the upcoming cycle. The contract will settle in USDT and supports Multi-Assets Mode margining. Binance has indicated that parameters may adjust according to market conditions. A composite index perpetual provides a real-time, weighted average of various underlying futures pairs. Trading these perpetual contracts, or βperps,β offers exposure to the index without having to worry about expiry dates. Instead of expiration, perps utilize periodic funding payments between long and short positions to align prices with the index. Binance clarified that βALLβ is simply an index ticker and not a new token. With a single contract linked to a broad basket of USDT-quoted futures, traders can streamline diverse directional bets, hedging strategies, or basis trades without the hassle of managing numerous contracts or adapting to frequent changes in listings. This product launch comes at a time when Binance's derivatives trading activity has reached a record high for 2025, with Binance Futures volume hitting around $2.55 trillion in July, marking the highest trading activity in seven months. Disclaimer: The Block is an independent media source that provides news, research, and data. As of November 2023, Foresight Ventures is a majority investor in The Block, which also invests in various firms in the crypto sector, including Bitget as an anchor LP. The Block operates independently to deliver unbiased and relevant information about the cryptocurrency industry. This article is for informational purposes only and should not be considered legal, tax, investment, or financial advice.
β What is the ALL Composite Index perpetual contract?
It tracks all USDT-quoted perpetuals on Binance Futures, offering up to 75x leverage.
β How often is the ALL index rebalanced?
The index is rebalanced daily at 08:00 UTC.