Back
Binance to Launch OPENAIUSDT U-Margined Pre-IPO Perpetual Contract With Up to 20x Leverage

Binance to Launch OPENAIUSDT U-Margined Pre-IPO Perpetual Contract With Up to 20x Leverage

Binance and Bitget state that they are offering OpenAI-linked perpetual products with up to 20x leverage, with Binance detailing a May 26, 2026 launch and fixed Pre-IPO funding terms.

USDT

Fact Check
The claim is fully corroborated. The mirrored official Binance announcement at news.6551.io confirms the OPENAIUSDT USDⓈ-Margined Pre-IPO Perpetual Contract launch on 2026-05-26 08:30 UTC, underlying OpenAI Group PBC, 20x max leverage, and fixed +0.005% per 8h funding rate during the Pre-IPO phase. Odaily and PANews independently report identical details with reference to the same Binance announcement URL. X posts from multiple crypto news bots (6551News, etc.) reference the same official Binance announcement detail URL.
Summary

Binance announced that its OPENAIUSDT U-margined Pre-IPO perpetual contract, linked to OpenAIGroupPBC stock, will begin trading on May 26, 2026 at 08:30 UTC with up to 20x leverage and fixed funding of 0.005% every eight hours during the Pre-IPO phase. Bitget separately said it has launched an OPENAI/USDT pre-market perpetual contract with up to 20x leverage. Both announcements describe OpenAI-linked derivatives products, but Binance presents a stock-referenced Pre-IPO contract with specified funding and share-count details, while Bitget describes a pre-market perpetual tied to the OPENAI/USDT pair without the same product specifics.

Terms & Concepts
  • Pre-IPO perpetual contract: A derivative product tied to an asset before a public stock listing, allowing price speculation without a fixed expiry date.
  • Leverage: A trading mechanism that lets users control a larger position with less capital, increasing both potential gains and risks.
  • Funding: A periodic payment mechanism in perpetual contracts used to help keep contract prices aligned with the underlying reference asset.