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

Dear members of the Binance community!

Binance Futures will launch Quarterly SOLUSD CM 0927 and Bi-Quarterly SOLUSD CM 1227 contracts on 08/14/2024 at 15:00 (Kyiv time) and 08/14/2024 at 15:05 (Kyiv time), with leverage up to 20x. 

More details on SOLUSD's quarterly and bi-quarterly COIN-M contracts can be found in the table below:  

COIN-M supply contract

SOL USD CM 0927

SOL USD CM 1227

Launch time

08/14/2024 at 3:00 p.m. (Kyiv time) 

08/14/2024 at 3:05 p.m. (Kyiv time) 

The underlying asset

Solana (SOL)

Estimated asset

SUN

The size of the teak

0,001

Maximum leverage

20x

Trading hours

24/7

Multi-asset mode

Not supported

Please note: 

  • 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.

  • Quarterly and bi-quarterly USDⓈ-M BTC and ETH supply contracts are governed by the Binance Terms of Service and the Binance Futures Service Agreement.

  • There may be discrepancies in the English translation of this original article. Please refer to the original English version for the latest or most accurate information in case of inconsistencies.

Additional information:

  • Rules for trading COIN-M futures contracts

  • Leverage and margin of COIN-M futures contracts

  • Binance Futures Commission Structure

  • How to choose trading pairs

  • Marking price and index price

  • Quick Guide to Quarterly Coin-M Futures Contracts

  • Delivery and settlement of quarterly futures

Thank you for your support!

Binance Team

08.08.2024

Note: This announcement was updated on 08/14/2024 to clarify that the contract type is COIN-M Supply Contract. The announcement was previously updated on 08/10/2024 to clarify that there is no funding fee on SOLUSD quarterly and bi-quarterly COIN-M contracts.