This is a general announcement and the products and services mentioned here may not be available in your area.
Dear User:
To provide more Binance Futures trading options and improve the user trading experience, Binance Futures will launch perpetual contracts with a maximum leverage of 75x at the following times:
2025-01-07 19:30 (GMT+8): COOKIEUSDT perpetual contract
January 7, 2025 19:45 (GMT+8): ALCHUSDT perpetual contract
January 7, 2025 20:15 (GMT+8): SWARMSUSDT perpetual contract
*Please note that Cookie DAO (LINK), Alchemist AI (LINK), and Swarms (LINK) are now listed on Binance Alpha Markets.
More information about COOKIEUSDT, ALCHUSDT, and SWARMSUSDT perpetual contracts is as follows:
U-based Perpetual Contracts | COOKIEUSDT | ALCHUSDT | SWARMSUSDT |
Launch Time | January 7, 2025, 19:30 (UTC+8) | January 7, 2025, 19:45 (UTC+8) | January 7, 2025, 20:15 (UTC+8) |
Underlying Asset | Cookie DAO (COOKIE)* | Alchemist AI (ALCH)** | Swarms (SWARMS)*** |
Settlement Assets | USDT | USDT | USDT |
Minimum Price Variation | 0.0001 | 0.00001 | 0.0001 |
Funding Rate Upper Limit | +2.00% / -2.00% | +2.00% / -2.00% | +2.00% / -2.00% |
Funding Fee Settlement Frequency | Every Four Hours | Every Four Hours | Every Four Hours |
Maximum Leverage | 75x | 75x | 75x |
Trading Hours | 24/7 | 24/7 | 24/7 |
Multi-Asset Mode | Supported | Supported | Supported |
*Please note, this contract is for Cookie DAO, address is 0xc0041ef357b183448b235a8ea73ce4e4ec8c265f.
**Please note, this contract is for Alchemist AI, address is HNg5PYJmtqcmzXrv6S9zP1CDKk5BgDuyFBxbvNApump.
***Please note, this contract is for Swarms, address is 74SBV4zDXxTRgv1pEMoECskKBkZHc2yGPnc7GYVepump.
Please Note:
For the COOKIEUSDT, ALCHUSDT, and SWARMSUSDT perpetual contracts, the funding rate limits are +2.00% / -2.00%;
Funding fees are settled every four hours;
Time (UTC+8) | Maximum Funding Rate |
|---|---|
January 8, 2025, 00:00 | +2.00% / -2.00% |
January 8, 2025, 04:00 | +2.00% / -2.00% |
January 8, 2025, 08:00 | +2.00% / -2.00% |
… | … |
Based on market risk conditions, Binance may adjust the above contract parameters, including adjusting funding rates, minimum price variations, maximum leverage, initial margin, maintenance margin, and other important parameters;
Multi-asset mode supports the above perpetual contracts. Multi-asset mode supports assets other than USDT as margin for COOKIEUSDT, ALCHUSDT, and SWARMSUSDT perpetual contracts (including valuation discounts). For example: users can use BTC as margin to trade COOKIEUSDT, ALCHUSDT, and SWARMSUSDT perpetual contracts;
The above perpetual contracts are subject to (Binance Terms of Use) and (Binance Contract Service Agreement);
Contracts and spot listings are not related. Contracts launched on Binance do not guarantee they will be listed on Binance Spot;
The English version of the announcement may differ from the translated version. In case of any discrepancies, please refer to the English version for the latest or most accurate information.
Note:
U-based Contract Trading Rules
Leverage and Margin of U-based Contracts
How to Switch Contract Trading Pairs
Binance Contract Platform Trading Fee Rate Table
Mark Price and Index Price
Funding Rate History
Multi-Asset Mode
Thank you for your support of Binance!
Binance Team
January 7, 2025