The USDT-margined contract tied to SK Hynix Inc ADR began trading on July 10, 2026 with up to 50x leverage, while Binance later cut its funding rate cap from ±2.00% to ±0.50%.
Binance said it would launch the SKHYUSDT USDT-margined perpetual contract at 15:50 UTC on July 10, 2026, offering a derivatives product tied to SK Hynix Inc ADR with up to 50x leverage, 24/7 trading, eight-hour funding settlements, Multi-Assets Mode support, a minimum trade size of 0.01 SKHY, and a minimum notional value of 5 USDT. At launch, the funding rate cap was set at +2.00%/-2.00% with a 0% interest rate. Binance Futures later reduced the funding rate cap for the SKHYNIX/SKHYUSDT perpetual contract to ±0.50%, effective from 16:00 Beijing time on July 10, 2026; BlockBeats said the change was announced at 16:15 Beijing time the same day.