Online reports that Binance announced that it will launch TOWNSUSDT and PROVEUSDT perpetual contracts on August 5, 2025. According to the announcement, the TOWNS perpetual contract will be available at 22:30 Beijing time, and the PROVE perpetual contract will be open for trading at 1:00 the next day. Both contracts support leveraged trading up to 75 times, use USDT as a settlement asset, and the capital rate is capped at plus or minus 2%, and settlement is carried out every 4 hours. In addition, these contracts support a multi-asset margin model, where traders can use multiple assets, including Bitcoin, as margin.