This is a general announcement. The products and services mentioned here may not be available in your region.

Dear members of the Binance community!

To expand the list of trading options offered on Binance Futures and improve the trading experience of users, Binance Futures will launch the following perpetual contracts with leverage of up to 75x:

  • 25.11.2024 at 13:30 (Kyiv time): open-ended contract 1000WHYUSDT

  • 25.11.2024 at 13:45 (Kyiv time): open-ended contract 1000CHEEMSUSDT

More detailed information about the aforementioned futures contracts can be found in the table below:  

Perpetual USDⓈ-M contract

1000WHYUSDT

1000CHEEMSUSDT

Launch time

11/25/2024 at 1:30 p.m. (Kyiv time)

11/25/2024 at 1:45 p.m. (Kyiv time)

The underlying asset

Why (1000WHY)

Cheems (1000CHEEMS)

Estimated asset

USDT

USDT

The size of the teak

0,000001

0,000001

Maximum financing rate

+2,00% / -2,00%

+2,00% / -2,00%

Periodicity of financing commission calculations

Every four hours

Every four hours

Maximum leverage

75x

75x

Trading hours

24/7

24/7

Multi-asset mode

Supported

Supported

*Please note that this futures listing is for Why with the following contract address for verification: 0x9ec02756a559700d8d9e79ece56809f7bcc5dc27.

**Please note that this futures listing is for Cheems with the following contract address for verification: 0x0df0587216a4a1bb7d5082fdc491d93d2dd4b413.

Please note: 

  • The maximum financing rate for the aforementioned perpetual contracts at launch is +2.00% / -2.00%. 

  • The frequency of financing commission calculations is every four hours.

Time

Max. financing rate

11/25/2024 at 2:00 p.m. (Kyiv time)

+2,00% / -2,00%

11/25/2024 at 6:00 p.m. (Kyiv time)

+2,00% / -2,00%

November 25, 2024 at 10:00 p.m. (Kyiv time)

+2,00% / -2,00%

11/26/2024 at 02:00 (Kyiv time)

+2,00% / -2,00%

…

…

  • Depending on market risk conditions, Binance may adjust the specifications of the above futures contracts from time to time, including funding fees, tick size, maximum leverage, initial margin and/or maintenance margin requirements.

  • Multi-asset mode allows users to trade the above 1000WHYUSDT and 1000CHEEMSUSDT perpetual contracts with multiple margin assets subject to respective discounts. For example, when the multi-asset mode is activated, users can use BTC as margin when trading the aforementioned perpetual contracts. 

  • The above futures contracts are governed by Binance Terms of Service and Binance Futures Service Agreement.

  • Token listings on futures and spot are not related. Listing a token on Binance Futures does not guarantee that it will be listed on Binance Spot.

  • There may be differences between this original English content and the translated versions. See the original English version for the most accurate information in case of discrepancies.

Additional information:

Thank you for your support!

Team Binance

25.11.2024