FORTH Surges 15% as Binance Futures Announces New Contract
FORTH, the governance token for Ampleforth, saw a notable price hike after Binance Futures announced a new perpetual contract.The token rose by 15%,reaching nearly $2.60.
Binance’s USDT-margined perpetual contract for FORTH will launch on April 8 at 08:30 AM UTC. This news boosted FORTH’s price, which had recently hit an all-time low of $1.89 on April 6, 2025.
Currently, FORTH is trading at $2.53, up 12.4% from its previous value.Over the past week, it has seen a modest 3% increase. However, it has declined by over 11% in the last month.
- The perpetual contract offers up to 20x leverage.
- It supports multi-asset mode,allowing trades with BTC or other tokens on Binance.
- The maximum financing rate is capped at ±2.00%, with funding fees calculated every four hours.
Ampleforth is a rebasing crypto protocol launched in 2022. FORTH holders can propose changes or delegate votes within the ecosystem. For more details,visit CoinGecko.
