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

Dear user:

In order 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:

  • November 27, 2025 00:00 (UTC+8): IRYSUSDT perpetual contract, maximum leverage up to 20x

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

U-based perpetual contract

IRYSUSDT

Launch time

November 27, 2025 00:00 (UTC+8)

Underlying asset

Irys (IRYS)

Contract address

0x91152B4Ef635403efBAe860edD0F8c321d7c035d

Project Introduction

Irys is a Layer 1 data chain that unifies on-chain data storage and smart contract execution into a single network

Settlement Asset

USDT

Minimum Tick Size

0.000001

Funding Rate Cap

+2.00% / -2.00%

Funding Fee Settlement Frequency

Every Four Hours

Maximum Leverage

20x

Trading Hours

24/7

Multi-Asset Mode

Support

Please note:

  • The above perpetual contracts will be included in Binance's new trading fee discount activity for newly listed trading pairs;

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

  • Based on market risk conditions, Binance may adjust the parameters of the above contracts, including adjusting funding rates, minimum tick sizes, maximum leverage, initial margin, maintenance margin, and other important parameters;

  • Multi-Asset Mode supports the above perpetual contracts. Multi-Asset Mode allows other assets besides USDT to be used as margin for the above perpetual contracts (including valuation discounts). For example: Users can use BTC as margin to trade the above 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 listed on Binance Contracts do not guarantee that they will also be listed on Binance Spot;

  • There may be differences between the English original announcement and the translated version. In case of any discrepancies, please refer to the English original 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 Rate Table

  • Mark Price and Index Price

  • Funding Rate History

  • Multi-Asset Mode

Thank you for your support of Binance!

Binance Team

2025-11-26