Key Points
- Binance will launch GPSUSDT at 17:00 (UTC) and SHELLUSDT at 17:15 (UTC).
- The coins' prices dropped following Binance's announcement.
In an official announcement, Binance revealed the launch of two more futures contracts today:
- GoPlus Security (GPS)
- MyShell (SHELL)
Binance continues to list new futures contracts to improve the overall trading experience for users and offer them a wider palette of trading options.
Binance Futures Listing Details
In the official notes, Binance revealed that it will list the two futures contracts with up to 25x leverage:
- GPSUSDT will be listed at 17:00 (UTC).
- SHELLUSDT will be listed at 17:15 (UTC).
The crypto exchange also revealed that the two digital assets have already been listed on Binance Alpha - the platform that highlights projects with growing potential in Web3.
The coins' prices spiked before Binance's announcement and recorded a downward trajectory afterward.
GPS and SHELL Prices Dropped
GPS Price Trajectory
Today, GPS had intense volatility and its price spiked ahead of the Binance announcement. GPS went from around $0.14 to over $0.15, but after the exchange revealed its futures trading, the coin dropped significantly. The coin is down by 5% today.
At the moment of writing the article, GPS has a market cap of over $264 million. GoPlus Security is building Web3's "first decentralized layer", according to the team behind the project.
SHELL Price Trajectory
SHELL's price also recorded a slight surge ahead of the exchange's announcement but dropped from $0.57 to current levels of $0.49 after.
Currently, SHELL has a market cap of $132 million and the coin is down by 10% today.
MyShell is an AI consumer layer where users can build, share, and own AI agents. The team bridges AI and blockchain via agentic framework, open-source models, and AI creator community. The project also provides users with AI-powered entertainment and utility.
