Binance launches six additional USDⓈ-M TradFi perpetual contracts on June 10, 2026
The new contracts track Zoom, DraftKings, Rivian, GameStop, the Energy Select Sector SPDR ETF and the iShares MSCI Brazil ETF, with up to 20x leverage.
Binance said it will launch six USDⓈ-M TradFi perpetual contracts on June 10, 2026, adding products linked to Zoom, DraftKings, Rivian, GameStop, the Energy Select Sector SPDR ETF and the iShares MSCI Brazil ETF. The contracts are ZMUSDT, DKNGUSDT, RIVNUSDT, GMEUSDT, XLEUSDT and EWZUSDT, with staggered launch times from 09:00 UTC to 09:25 UTC and leverage of up to 20x. The new instruments track Zoom Communications, Inc. Class A Common Stock (Nasdaq: ZM), DraftKings Inc. Class A Common Stock (Nasdaq: DKNG), Rivian Automotive, Inc. Class A Common Stock (Nasdaq: RIVN), GameStop Corporation Common Stock (NYSE: GME), State Street Energy Select Sector SPDR ETF (NYSE Arca: XLE) and iShares MSCI Brazil ETF (NYSE Arce: EWZ). Each contract settles in USDT, has a tick size of 0.01, a minimum trade amount of 0.01 units, a minimum notional value of 5 USDT, capped funding rates of +2.00% and -2.00%, and funding fee settlement every eight hours. Binance said the contracts support Multi-Assets Mode and are exempt from its rule that can shorten funding intervals from eight hours to one hour when prior funding hits a cap or floor. Perpetual contracts let traders take leveraged exposure to referenced stocks or ETFs without directly holding the underlying securities.
- USDⓈ-M perpetual contracts: Futures contracts margined and settled in stablecoin-denominated assets such as USDT rather than in the underlying referenced asset.
- funding rate: A periodic payment mechanism in perpetual futures that helps keep contract prices aligned with the underlying market.
- Multi-Assets Mode: A futures trading setting that allows users to use more than one asset as margin, subject to platform rules.