This is a general announcement, and the products and services mentioned here may not be available in your region.

Dear users:

To provide more Binance contract trading options and enhance user trading experience, the Binance contract platform will launch the perpetual contract at the following time:

  • June 5, 2025 16:30 (UTC+8): 1,000,000 BOBUSDT perpetual contract, maximum leverage up to 50 times

*Please note that BOB (LINK) has been listed on the Binance Alpha market.

More information about the above perpetual contract is shown in the table below:

U-based perpetual contract

1,000,000 BOBUSDT

Launch time

June 5, 2025 16:30 (UTC+8)

Underlying asset

Build On BNB (BOB)

Contract address

0x51363F073b1E4920fdA7AA9E9d84BA97EdE1560e

Project introduction

Meme coin created during interactions between Binance and Binance interns

Settlement asset

USDT

Minimum tick price

0.00001

Funding rate upper limit

+2.00% / -2.00%

Funding fee settlement frequency

Every four hours

Maximum leverage

50x

Trading hours

24/7

Multi-asset mode

Support

Please note:

  • The above perpetual contract will be open for copy trading within 24 hours after launch. For more information about contract copy trading, please refer to this FAQ;

  • At the time of launch, the funding rate upper and lower limits for the above perpetual contract will be +2.00% / -2.00%;

  • Funding fees are settled every four hours;

  • Based on market risk conditions, Binance may adjust the above contract parameters, including adjusting the funding rate, minimum tick price, maximum leverage, initial margin, maintenance margin, and other important parameters;

  • Multi-asset mode supports the above perpetual contract. Multi-asset mode supports assets other than USDT as margin for the above perpetual contract (including valuation discounts). For example: users can use BTC as margin to trade the above perpetual contract;

  • The above perpetual contract is subject to the (Binance Terms of Use) and (Binance Contract Service Agreement);

  • Contracts and spot listings are not related. The contracts launched on Binance contracts do not guarantee that they will be listed on Binance spot;

  • There may be differences between the original English announcement and the translated version. In case of any discrepancies, please refer to the original English version for the latest or most accurate information.

Note:

  • U-based contract trading rules

  • Leverage and margin for U-based contracts

  • How to switch contract trading pairs

  • Binance contract platform trading fee schedule

  • Mark price and index price

  • Funding rate history

  • Multi-asset mode

Thank you for your support of Binance!

Binance Team

June 4, 2025