FUN and MLN Prices Spiked Following Binance Futures Listing Announcement

Key Points

Binance announced the launch of futures trading for FUNToken (FUN) and Enzyme (MLN).
The coin’s prices spiked following the announcement.

Earlier today, Binance announced the launch of two new futures contracts for FUNToken (FUN) and Enzyme (MLN), triggering a price spike for the two digital assets.

FUNToken allows users to experience decentralized gaming and finance with the FUN token, offering speed, security, and rewards.

Enzyme empowers users to build and scale investment strategies, from discretionary and robo to ETFs and market-making.

The project says that security is its priority, and the second-generation smart contract-enforced platform is tested and audited before any mainnet deployments are made. The MLN token powers the Enzyme ecosystem.

#Binance Futures will launch the USDⓈ-M $FUN and $MLN Perpetual Contracts at

🗓️March 31 2025, 08:30 (UTC) and 08:45 (UTC) respectively.

Read more ➡️ https://t.co/7DZPTuhNc6 pic.twitter.com/Gqc8P8ujba

— Binance Futures (@BinanceFutures) March 31, 2025

Binance Futures Listing Announcement

In its official announcement, Binance revealed that it will launch the following two Perpetual Contracts:

FUNUSDT Perpetual Contract (launched at 08:30 UTC)
MLNUSDT Perpetual Contract (launched at 08.:45 UTC)

Both Perpetual Contracts were launched with up to 50x leverage.

The exchange’s announcement triggered a price spike for both coins.

🔹 Start trading Binance Futures FUNUSDT and MLNUSDT

FUN and MLN Prices Surged

FUN Price Trajectory

FUN had a market cap of $52 million ahead of the crypto exchange’s announcement, and it surged above $61 million after, before dropping to current levels of almost $54 million.

FUN’s price spiked by over 1% following Binance’s FUNUSDT Perpetual Contract listing announcement.

FUN was also one of the past week’s top gainers.

MLN Price Trajectory

MLN was trading at $11, with a market cap of $32,5 million, ahead of Binance’s announcement. After the exchange revealed the launch of futures trading for the coin, its price spiked to over $13.1, hitting a market cap of over $39 million before settling to current levels.

At the moment of writing this article, MLN is trading at $12.2, and the coin has a market cap of over $36.3 million.