Binance Futures Ignites FORTH: Ampleforth Token Soars 15% on New Perpetual Contract!

FORTH Skyrockets After Binance Futures' Big Reveal

Hang onto your hats, crypto fans! FORTH, the Ampleforth token, just blasted off by a whopping 15% after Binance Futures dropped a bombshell: they're launching a USDT-margined perpetual contract for FORTH. Talk about a game-changer!

Countdown to Launch: April 8 at 08:30 AM UTC

Mark your calendars, folks! Binance Futures is set to unleash the USDT-based perpetual contract on April 8 at 08:30 AM UTC. Get ready for some serious trading action!

From Lows to Highs: FORTH's Wild Ride

Just minutes after the announcement hit the wires, FORTH shot up to $2.58, flirting with its monthly high of $2.60. And get this: just two days ago, it hit rock bottom at $1.89 on April 6, 2025. Talk about a rollercoaster!

Current Status: Up 12.4% and Trading at $2.53

At press time, FORTH is still riding high, up 12.4% and trading at $2.53. Sure, it's only moved 3% in the past week, but it's been on a downward spiral for the past month, dropping over 11%. But hey, who's counting when you've got a 15% surge?

Get Ready for 20x Leverage and Multi-Asset Mode

Buckle up, traders! Binance is offering up to 20x leverage on this bad boy, and it's supported for multi-asset mode. That means you can trade the FORTHUSDT perpetual contract with a BTC margin or other tokens listed on Binance. The possibilities are endless!

Multi-Asset Mode: Trade Across Multiple Margins

With multi-asset mode, you can trade the perpetual contract across multiple margin assets, not just the one mentioned. But keep in mind, different margin assets come with varying fee cuts. So, choose wisely, my friends!

Financing Rates and Funding Fees: What You Need to Know

When FORTHUSDT launches, the maximum financing rate will be capped at +2.00% and -2.00%. And get this: the funding fee calculation will happen every four hours. So, stay sharp and keep an eye on those rates!

FORTH: The Governance Token Powering Ampleforth

Let's not forget what FORTH is all about. It's the governance token for the Ampleforth ecosystem, a rebasing crypto protocol that launched in 2022. As a FORTH holder, you can propose changes to the protocol or delegate reps to vote on your behalf. Talk about having a say in the future of crypto!