Binance’s derivatives arm plans to introduce a perpetual futures contract linked to the Useless memecoin, offering traders leverage of as much as 50 times, according to an announcement circulated on 15 Aug 2025. The token, which originated on the BonkFun_Sol platform, is billed as the largest memecoin by market value launched within that ecosystem. The listing news sparked brisk spot-market activity. Useless climbed about 20% during Friday trading to regain a market capitalization near $300 million, outpacing a broader cryptocurrency market that was in decline. Traders had already pushed the token up 10% in the previous hour, positioning it for what some described as a potential breakout. The forthcoming derivatives product underscores the continued appetite for highly volatile digital assets despite recent market pullbacks. By extending up to 50-times leverage, Binance Futures is betting that demand for speculative exposure to newer, lower-priced tokens remains strong even as established coins lose momentum.