This is a general announcement from Binance; the products and services mentioned may not be applicable 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:

  • May 7, 2026, 16:15 (UTC+8): BILLUSDT perpetual contract, with a maximum leverage of 20x.

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

U-based perpetual contract

BILLUSDT

launch time

May 7, 2026, 16:15 (UTC+8)

underlying asset

BILL (Billions Network)

project overview

Billions Network is a universal network for humans and AI that allows anyone to prove their identity as a real, unique individual online in seconds without disclosing their underlying data.

settlement asset

USDT

minimum price increment

0.00001

minimum order quantity

1 BILL

minimum nominal value

5 USDT

maximum funding rate

+2.00% / -2.00%

funding fee settlement frequency

every four hours

maximum leverage

20x

trading hours

24/7

multi-asset mode

supported

please note:

  • This announcement from the exchange is published in accordance with Article 17 of Binance's regulations.

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

  • Depending on market risk conditions, Binance may adjust the parameters of the above contract, including funding rates, minimum price increments, maximum leverage, initial margin, maintenance margin, and other key parameters;

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

  • There is no correlation between contracts and spot listings. Just because a contract is launched on Binance does not guarantee it will be listed on Binance's spot market;

  • The English original 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:

  • trading parameters

  • leverage and margin for U-based contracts

  • how to switch contract trading pairs

  • Binance contract platform trading fee rate table

  • mark price vs index price

  • historical funding rates

  • multi-asset mode

thank you for your support of Binance!

Binance team

May 7, 2026