What does 10x mean on Binance?

Hey there, crypto enthusiast! I'm curious about something I've seen on Binance - what does the term "10x" actually mean? Is it referring to some sort of multiplier or gain in value? Or does it have to do with leverage trading? I'm trying to wrap my head around the jargon and get a better grasp of the platform's capabilities. Any insight you can provide would be greatly appreciated!