The most useful detail in Binance’s four new #TradFi perps is a ticker trap: MDTUSDT now refers to Medtronic shares, not Measurable Data Token.

#Binance lists $CEG USDT, BACUSDT, $IBKR USDT and MDTUSDT from 09:00–09:20 UTC on Oct 21. All settle in $USDT , trade 24/7 and offer up to 20x leverage, with funding every eight hours.

That creates two checks before trading: confirm the underlying, then watch the basis when U.S. cash markets are closed. A 24/7 perp can keep moving while the reference stock is not trading, so headline risk and off-hours liquidity matter more than the familiar ticker suggests.