TermMax (TMX) is set for an Aug. 25, 2026 debut on Binance Alpha with Alpha-points airdrop claims once trading begins, while Bitget opens TMX/USDT spot trading at 10:00 UTC and withdrawals on Aug. 26 at 11:00 UTC. The same day, Binance Futures launched five USDT-margined TradFi perpetual contracts—SKUUUSDT, SKDDUSDT, RAMUSDT, DJTUSDT and MRNAUSDT—at five-minute intervals from 09:00 to 09:20 UTC, offering up to 20x leverage on GraniteShares 2x long and short SK Hynix daily ETFs, the Roundhill T-REX 2X Long DRAM Daily Target ETF, and Nasdaq-listed shares of Trump Media & Technology Group and Moderna. The contracts settle in USDT without stock ownership rights, use eight-hour funding settlements with plus-or-minus 2% rate limits, support multi-assets mode and trade around the clock via Binance RIE and Binance RCH under Abu Dhabi Global Market recognition. Layered leverage on already daily-reset ETFs heightens liquidation risk, and prices may diverge from U.S. cash markets outside exchange hours.