Binance launches oil futures with 100x leverage

Binance has launched USDT-margined perpetual futures tied to oil and gas, offering traders up to 100x leverage as energy markets surge amid geopolitical tensions.

The exchange introduced three contracts — CLUSDT for WTI crude, BZUSDT for Brent crude and NATGASUSDT for natural gas — with staggered rollout beginning April 1.

Each contract enables round-the-clock trading with no expiry, allowing crypto-native users to gain exposure to energy price movements without traditional brokerage access.

The launch coincides with heightened volatility following disruptions in the Strait of Hormuz, a key global energy chokepoint, which has pushed oil prices above $100 per barrel.

The contracts are designed to attract traders seeking amplified returns, though a 1% adverse move at 100x leverage can trigger full liquidation, highlighting significant risk.

The move builds on Binance’s earlier expansion into commodities, including gold and silver perpetual futures launched in January.

The rollout reflects a broader trend of crypto platforms integrating traditional assets, positioning Binance to capture trading demand during periods of macro-driven market turbulence.