Binance Unveils LDUSDT, Its Second Yield-Generating Margin Asset
Binance is expanding its lineup of income-generating trading assets with the upcoming launch of LDUSDT, a new reward-bearing token designed to boost capital efficiency for futures traders.
LDUSDT, which does not have an expanded name, will be available through Binance Futures and functions as a margin asset that earns passive rewards. Users can convert their tether (USDT) via Binance’s Simple Earn Flexible Product into LDUSDT, which can then be deployed as margin in stablecoin-margined futures contracts.
The exchange describes LDUSDT as the spiritual successor to BFUSD, Binance’s first yield-bearing margin token. BFUSD allowed traders to earn annual percentage yields (APY) through Binance’s internal hedging and investment strategies — and was met with strong user adoption.
“Following the positive reception of BFUSD, we’re excited to bring LDUSDT to market,” said Jeff Li, Binance VP of Product. “This asset enhances user capital efficiency by acting as both a reward-earning vehicle and a liquid margin asset, with the flexibility to reallocate funds as needed.”
Unlike a stablecoin, LDUSDT is not pegged to any fiat currency. Instead, it’s purpose-built for futures margin use while providing yield potential. According to The Block, current estimated yields sit at around 1.5% annualized, and are updated in real time.
With LDUSDT, Binance continues to blur the line between passive income tools and active trading capital — offering users a new way to keep their assets productive while trading in volatile markets.
