The broader market is hovering around $73,000, but Binance is adding a new tool for TRX tonight: at 17:35, the TRXUSDC perpetual contract goes live, with up to 75x leverage.
Binance Futures will list the TRXUSDC perpetual contract today, November 11, opening at 17:35 Beijing time. It will be settled in USDC, offer up to 75x leverage, and trade 24/7. The minimum order is one TRX, with a minimum notional value of 5 USDC. The funding rate is capped at ±0.4875% and settles every eight hours. Multi-Assets Mode is supported.
$TRX is currently trading at around $0.3174, down about 0.6% over 24 hours. Its market cap is around $30.29 billion, ranking eighth. It has fallen 3.48% over the past month and has recently been trading in a narrow range between $0.3157 and $0.3196.
What to make of it: A contract listing gives traders a tool, not a directional signal. TRX has barely moved over the past month, ranging between $0.31 and $0.32. With 75x leverage, a 1% move against your position would wipe out 75% of your margin. If you want to try it, start small and get familiar with the rules—don’t go all in right away. Watch two things first: whether the funding rate turns positive or negative after launch, and whether open interest keeps pace. For price, the first level to watch is whether TRX can hold above $0.3196; if it can’t, the range-bound trend is likely to continue.
Data as of: 2026-11-11 08:45 UTC
For informational purposes only; this is not investment advice.
Binance Futures will list the TRXUSDC perpetual contract today, November 11, opening at 17:35 Beijing time. It will be settled in USDC, offer up to 75x leverage, and trade 24/7. The minimum order is one TRX, with a minimum notional value of 5 USDC. The funding rate is capped at ±0.4875% and settles every eight hours. Multi-Assets Mode is supported.
$TRX is currently trading at around $0.3174, down about 0.6% over 24 hours. Its market cap is around $30.29 billion, ranking eighth. It has fallen 3.48% over the past month and has recently been trading in a narrow range between $0.3157 and $0.3196.
What to make of it: A contract listing gives traders a tool, not a directional signal. TRX has barely moved over the past month, ranging between $0.31 and $0.32. With 75x leverage, a 1% move against your position would wipe out 75% of your margin. If you want to try it, start small and get familiar with the rules—don’t go all in right away. Watch two things first: whether the funding rate turns positive or negative after launch, and whether open interest keeps pace. For price, the first level to watch is whether TRX can hold above $0.3196; if it can’t, the range-bound trend is likely to continue.
Data as of: 2026-11-11 08:45 UTC
For informational purposes only; this is not investment advice.
