Solana Name Service

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<h2 id="key-points">Key Points</h2> 
<ul> 
 <li>Binance will launch futures trading for Solana Name Service (FIDA) today.</li> 
 <li>The FIDAUSDT Perpetual Contract will launch with up to 75x leverage.</li> 
</ul> 
In an official announcement, Binance revealed the launch of FIDAUSDT Perpetual Contract today, September 19, at 12:30 (UTC) with up to 75x leverage. 
Binance Futures continues to expand the list of trading choices while enhancing the trading experience for users. 
Following Binance’s <a href="https://www.binance.com/en/support/announcement/binance-futures-will-launch-usd%E2%93%A2-margined-fidausdt-perpetual-contract-with-up-to-75x-leverage-967f02731484419086c460185c1be4f8?hl=en" rel="nofollow noopener" target="_blank">announcement</a>, Solana Name Service (FIDA) recorded a significant surge of over 30%. 
At the moment of writing this article, FIDA is trading at $0.29, and the token has a market cap of over $40 million. Earlier, FIDA’s price spiked above $0.33. 
<figure id="attachment_50832" aria-describedby="caption-attachment-50832" style="width: 100%" class="wp-caption alignnone">
 <a href="https://crypto.ro/en/wp-content/uploads/2024/09/FIDA_1D_graph_coinmarketcap.jpeg"><img loading="lazy" decoding="async" class="wp-image-50832 size-full" src="https://crypto.ro/en/wp-content/uploads/2024/09/FIDA_1D_graph_coinmarketcap.jpeg" alt="FIDA price in USD today" width="1200" height="800" title="Binance Launches Futures Trading for FIDA Today 21" srcset="https://crypto.ro/en/wp-content/uploads/2024/09/FIDA_1D_graph_coinmarketcap.jpeg 1200w, https://crypto.ro/en/wp-content/uploads/2024/09/FIDA_1D_graph_coinmarketcap-300x200.jpeg 300w, https://crypto.ro/en/wp-content/uploads/2024/09/FIDA_1D_graph_coinmarketcap-1024x683.jpeg 1024w, https://crypto.ro/en/wp-content/uploads/2024/09/FIDA_1D_graph_coinmarketcap-768x512.jpeg 768w, https://crypto.ro/en/wp-content/uploads/2024/09/FIDA_1D_graph_coinmarketcap-750x500.jpeg 750w, https://crypto.ro/en/wp-content/uploads/2024/09/FIDA_1D_graph_coinmarketcap-1140x760.jpeg 1140w" sizes="(max-width: 1200px) 100vw, 1200px"></a>
 <figcaption id="caption-attachment-50832" class="wp-caption-text">
 FIDA price in USD today
 </figcaption>
</figure> 
Earlier today, Solana Name Service (SNS)<a href="https://x.com/sns/status/1836654322962018737" rel="nofollow" target="_blank"> announced</a> their support for Solana’s latest reveal of the Web3 mobile phone called Seeker.&nbsp;The <a href="https://crypto.ro/en/news/what-is-the-solana-seeker-web3-mobile-device/">Solana Seeker</a> is an Android phone built with the Seed Vault wallet designed for high security. 
On September 18, SNS<a href="https://x.com/sns/status/1836225764553036013" rel="nofollow" target="_blank"> revealed</a> that their offers table was revamped. Via a post on X, SNS explained what the revamp brings new: 
<ul> 
 <li>There are no more drop-downs and tedious scrolling until users get what they want.</li> 
 <li>The new table shows more clearly all offers made and received.</li> 
 <li>Bulk actions, filters, and editing have been also incorporated for user convenience.</li> 
</ul> 
<figure style="width: 100%" class="wp-caption alignnone">
 <a href="https://x.com/sns/status/1836225764553036013/photo/1" rel="nofollow" target="_blank"><img loading="lazy" decoding="async" src="https://pbs.twimg.com/media/GXuViNDaoAAZlVp?format=jpg&amp;name=large" alt="SNS via X" width="1920" height="1080" title="Binance Launches Futures Trading for FIDA Today 22"></a>
 <figcaption class="wp-caption-text">
 SNS via X
 </figcaption>
</figure> 
SNS announced that the next step for their offers table will be the addition of listings. 
<h2 id="what-is-solana-name-service-fida">What is Solana Name Service (FIDA)?</h2> 
Sonala Name Service, previously known as Bonfida is an important developer on Solana. The project gained popularity by bringing various contributions to the ecosystem via services and products. 
Their contributions include the following: 
<ul> 
 <li>Creating a new Serum Core engine, the asset Agnostic Orderbook (AOB)</li> 
 <li>Simplifying the way users transact with Solana Name Service</li> 
 <li>Creating the first Perpetual Swap on Solana, Audaces</li> 
</ul> 
On July 15, the Bonfida project was rebranded to Solana Name Service (SNS). As they<a href="https://x.com/sns/status/1812889841283346863" rel="nofollow" target="_blank"> noted</a> via X, the rebranding marked an important shift to their identity, but their vision remained the same – to be the best blockchain naming service on Solana. 
The project’s token is called<a href="https://crypto.ro/en/cryptocurrencies/solana-name-service/"> FIDA</a> and it has a total supply of over 990 million tokens.

Binance Launches Futures Trading for FIDA Today

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