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 25x at the following time:
January 24, 2025 18:00 (GMT+8): VINEUSDT perpetual contract
January 24, 2025 18:15 (GMT+8): PIPPINUSDT perpetual contract
*Please note that Vine Coin (LINK) and pippin (LINK) are now listed on Binance Alpha Markets.
More information about the VINEUSDT and PIPPINUSDT perpetual contracts is provided in the table below:
U-based Perpetual Contracts | VINEUSDT | PIPPINUSDT |
Launch Time | January 24, 2025 18:00 (UTC+8) | January 24, 2025 18:15 (UTC+8) |
Underlying Asset | Vine Coin (VINE) | pippin (PIPPIN) |
Contract Address | 6AJcP7wuLwmRYLBNbi825wgguaPsWzPBEHcHndpRpump | Dfh5DzRgSvvCFDoYc2ciTkMrbDfRKybA4SoFbPmApump |
Project Introduction | Solana meme coin launched by Vine co-founder Rus | Solana memecoin about AI. |
Settlement Asset | USDT | USDT |
Minimum Price Change | 0.00001 | 0.00001 |
Funding Rate Limit | +2.00% / -2.00% | +2.00% / -2.00% |
Funding Fee Settlement Frequency | Every four hours | Every four hours |
Maximum Leverage | 25x | 25x |
Trading Time | 24/7 | 24/7 |
Multi-Asset Mode | Supported | Supported |
Please note:
When VINEUSDT and PIPPINUSDT perpetual contracts go live, their funding rate limits are +2.00% / -2.00%;
Funding fees are settled every four hours;
Time (UTC+8) | Maximum Funding Rate |
January 24, 2025 20:00 | +2.00% / -2.00% |
January 25, 2025 00:00 | +2.00% / -2.00% |
January 25, 2025 04:00 | +2.00% / -2.00% |
January 25, 2025 08:00 | +2.00% / -2.00% |
… | … |
Depending on market risk conditions, Binance may adjust the above contract parameters, including adjustments to the funding rate, minimum price change, 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 VINEUSDT and PIPPINUSDT perpetual contracts (including valuation discounts). For example: Users can use BTC as margin to trade VINEUSDT and PIPPINUSDT perpetual contracts;
The above perpetual contracts are subject to the (Binance Terms of Use) and (Binance Contract Service Agreement);
There is no correlation between contracts and spot trading. The contracts that go live on Binance do not guarantee that they will be listed on Binance's spot trading;
There may be discrepancies between the original English announcement and the translated version. If there are any discrepancies, please refer to the original English version for the latest or most accurate information.
Note:
Thank you for your support of Binance!
Binance Team
January 24, 2025
