Wu Shuo learned that according to official announcements, Binance announced that it will launch the PAXGUSDT perpetual contract on March 27, 2025 at 18:30 (UTC+8), which can provide up to 75 times leverage. Previously, Binance had launched PAXG spot trading. Pax Gold (PAXG) is a cryptocurrency based on gold, launched by the creators of Paxos Standard (PAX).