Binance Futures Launches AI-Backed Perpetual Contracts, Tokens Surge

Binance Futures has launched three new AI-powered perpetual contracts, shaking up the crypto market. On January 7, the exchange introduced COOKIEUSDT, ALCHUSDT, and SWARMSUSDT. These AI-based tokens saw explosive price surges immediately after the announcement.

AI Tokens Surge After Binance’s Announcement

The new contracts offer up to 75x leverage, attracting traders eager to maximize profits. The tokens will be released in stages: COOKIEUSDT at 11:30 UTC, ALCHUSDT at 11:45 UTC, and SWARMSUSDT at 12:00 UTC. 

Each contract features a funding rate of +2.00% / -2.00%, with funding fees settled every four hours. The price impact was immediate. COOKIE, linked to Cookie DAO, spiked 16% in 24 hours, reaching $0.653. 

This surge pushed its market cap up by 18%, reaching $104 million. Cookie DAO specializes in aggregating AI data across blockchains, providing real-time analytics for Web3 and AI market decisions.

ALCH, the token of Alchemist AI, also saw a 24% rise. At $0.194, its market cap grew to $165 million. Alchemist’s no-code platform enables users to easily create applications, from utilities to games, without coding expertise.

AI Tokens and Market Potential

The most dramatic move came from SWARMS. It briefly hit a $600 million market cap, peaking at $0.61, before settling at $0.49, up 40% in 24 hours. SWARMS, a decentralized Solana-based project, offers AI agents and tools. 

Since listing on CoinMarketCap, its value surged by 200%. The growth of these tokens reflects a larger trend in AI assets. On January 7, the total market cap of AI tokens reached $59.4 billion, just behind meme coins at $115.6 billion. 

Experts like Haseeb Qureshi of Dragonfly Capital predict AI tokens will outperform meme coins in 2025. As Binance continues to expand its AI offerings, the future of this sector looks promising.