Binance Plasma USDT hedging product total subscription limit increased to 1 billion USDT
2025-08-22 08:06:11
According to Binance's announcement, the Plasma USDT lock-up product has been subscribed within one hour due to the first batch of 250 million USDT quota. Binance has increased the total subscription limit of the product to 1 billion USDT and opened the subscription in batches. The second batch of 250 million USDT quota will be opened on August 22, and the follow-up batch time will be notified separately. XPL reward allocation will be dynamically adjusted according to the subscription pool. The daily USDT reward of users remains unchanged, and early redemption will not affect the reward.
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