$BSB is dubbed – A unified liquidity layer for the on-chain market”
BSB (Block Street) and positioning in the market
The underlying asset of the contract is BSB (Block Street), introduced as a unified liquidity layer for the on-chain capital market.
Positioning the unified liquidity layer usually aims to improve liquidity connectivity in capital market activities on the blockchain. In the context of perpetual contracts, this can attract the interest of traders wanting to access the volatility of BSB through derivative products.
The listing event on Binance Futures may contribute to increasing the presence of BSB in the cryptocurrency derivatives trading space, thanks to the ability to trade 24/7 and a maximum leverage mechanism of 10x.$TAO $NTRN