Binance Sets ZAMAUSDT Perpetual Contract (no-expiry crypto derivative) Pre-Trading for Jan. 9, 5x Leverage
According to Gate’s official announcement on January 9, ZAMA perpetual futures settled in USDT are live with 1–10x leverage, while Binance previously scheduled ZAMAUSDT perpetual pre-trading for January 9 at up to 5x leverage.
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Summary
Gate stated in an official announcement on January 9 that ZAMA perpetual futures trading settled in USDT is live, offering 1–10x leverage. Separately, Binance previously announced it would open pre-trading for the ZAMAUSDT perpetual contract on January 9, 2026 at 17:00 (UTC+8) with up to 5x leverage. The Gate update is an official announcement.
Terms & Concepts
- Perpetual contract: A futures-style crypto derivative with no expiration date, commonly used for margin trading.
- USDT: Tether USD, a U.S. dollar-pegged stablecoin often used as a settlement or margin currency on crypto exchanges.
- Leverage: Using borrowed funds to increase position size; magnifies both gains and losses.