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Woofun AI reports that Binance has activated perpetual futures for DATAIP, a move coinciding with the rebranding of Story (IP) into Data Network. This listing formalizes the project's strategic shift from intellectual property tokenization toward decentralized data infrastructure. The exchange's decision to support the new ticker underscores growing institutional interest in the revised network goals.
Trading commences today with the DATAIP/USDT pair going live at 6:45 a.m. UTC, followed immediately by the DATAIP/USDC pair at 6:50 a.m. UTC. Both contracts enable positions ranging from 1x to 20x leverage, granting traders substantial exposure to price volatility.
Woofun AI data shows these specifications align with standard high-risk parameters for emerging altcoin derivatives.
Settlement for these perpetual futures occurs in USDT and USDC, ensuring compatibility with the exchange's most liquid stablecoin rails. Periodic funding rates will be enforced to maintain price parity between the derivatives and the spot market. While no promotional fee discounts are available, standard trading fees apply to all transactions on these new pairs.
The introduction of 20x leverage amplifies the potential for rapid liquidation events, particularly during volatile market conditions. Although the listing is expected to boost liquidity and trading volume for the asset, the high leverage ratio demands rigorous risk management. Traders must recognize that price swings in niche projects can trigger margin calls with extreme speed.
This strategic pivot from Story (IP) to Data Network represents a significant evolution in the project's roadmap, yet it introduces new speculative variables. Market participants should approach these leveraged products with caution and conduct their own research before engaging.