Binance Launches USDT-Margined Perpetual Contracts for FLOCK and SKY
Binance announced new FLOCKUSDT and SKYUSDT perpetual contracts, enhancing derivatives offerings with high-leverage trading and broader asset margin support for global users.
BTC
USDT
SKY
Fact Check
The statement is strongly supported by a direct claim from a crypto news source, Odaily News, which explicitly reports that 'Binance to List FLOCK and SKY Perpetual Contracts'. This is partially corroborated for the 'FLOCK' token by a post on Binance Square which mentions '#Flock' in the context of 'newer perpetual contracts'. Although a direct, official announcement from Binance is not included in the evidence, the specific and corroborating information from relevant sources makes the statement highly probable.
Summary
Binance confirmed the launch of two USDT-margined perpetual contracts, FLOCKUSDT and SKYUSDT. The exchange stated both products are settled in USDT, support leverage up to 75x, and allow Multi-Assets Mode for margin flexibility. According to Binance, the contracts began trading on September 9, 2025, with FLOCKUSDT at 06:45 UTC and SKYUSDT at 07:00 UTC. The announcement emphasized that these are futures products, independent of any spot listings.
Terms & Concepts
- USDT-Margined Perpetual Contracts: A type of futures contract settled in Tether (USDT) with no expiration date, allowing traders to hold positions indefinitely.
- Leverage: A trading mechanism that enables control of a larger position with smaller capital; Binance offers up to 75x leverage for these contracts.
- Multi-Assets Mode: A Binance feature that allows users to use multiple margin assets, such as BTC, to trade futures contracts.