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Binance Futures to Launch Copper-Backed COPPERUSDT Perpetual Contract

The new USDⓈ-margined contract, set to debut on March 6, 2026, will offer up to 100x leverage and settlement in USDT stablecoin.

USDT

Summary

Binance Futures announced the listing of a USDⓈ-margined COPPERUSDT perpetual contract scheduled for launch on March 6, 2026, at 17:00 (UTC+8). Each contract unit represents one pound of copper and will be settled in USDT. Traders will be able to access leverage up to 100x, providing opportunities for both hedging and speculation in commodity-linked crypto derivatives.

Terms & Concepts
  • Perpetual contract: A type of crypto futures contract with no expiration date, allowing continuous trading with funding rate adjustments.
  • USDⓈ-margined: A margin system where the contract is settled using stablecoins such as USDT or BUSD, rather than cryptocurrency pairs.
  • Leverage: A mechanism that allows traders to control larger positions with borrowed funds, amplifying both gains and losses.