CBRS is trading 8% up at $319.50 after Binance Futures launched a USDⓈ-margined perpetual contract for the stock.

  • The new contract offers up to 10x leverage, a move expected to significantly increase trading volume and price volatility.
  • The rally follows a strong session on May 18, where CBRS gained 6.05% to close at $296.65, indicating sustained momentum among traders.
  • The stock is currently outperforming the broader market, which remains weaker on the day.