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

Dear User:

To provide more options for Binance contract trading and enhance user trading experiences, the Binance Contract Platform will launch perpetual contracts at the following times, with a maximum leverage of up to 25 times:

  • January 24, 2025, 18:00 (UTC+8): VINEUSDT Perpetual Contract

  • January 24, 2025, 18:15 (UTC+8): PIPPINUSDT Perpetual Contract

*Please note, Vine Coin (LINK) and PIPPIN (LINK) have been listed on the Binance Alpha market.

More information about VINEUSDT and PIPPINUSDT perpetual contracts is shown in the table below:

U-Margin Perpetual Contract

VINEUSDT

PIPPINUSDT

Launch Time

January 24, 2025, 18:00 (UTC+8)

January 24, 2025, 18:15 (UTC+8)

Underlying Asset

Vine Coin (VINE)

PIPPIN (PIPPIN)

Contract Address

6AJcP7wuLwmRYLBNbi825wgguaPsWzPBEHcHndpRpump

Dfh5DzRgSvvCFDoYc2ciTkMrbDfRKybA4SoFbPmApump

Project Overview

Solana meme coin launched by Vine co-founder Rus

Solana memecoin about AI.

Settlement Assets

USDT

USDT

Minimum Price Change

0.00001

0.00001

Funding Rate Limit

+2.00% / -2.00%

+2.00% / -2.00%

Funding Fee Settlement Frequency

Every four hours

Every four hours

Maximum Leverage

25x

25x

Trading Time

24/7

24/7

Multi-Asset Mode

Supported

Supported

Please Note:

  • When VINEUSDT and PIPPINUSDT perpetual contracts go live, their funding rate limits will be +2.00% / -2.00%;

  • Funding fees will be settled every four hours;

Time (UTC+8)

Maximum Funding Rate

January 24, 2025 20:00

+2.00% / -2.00%

January 25, 2025 00:00

+2.00% / -2.00%

January 25, 2025 04:00

+2.00% / -2.00%

January 25, 2025 08:00

+2.00% / -2.00%

…

…

  • Depending on market risk conditions, Binance may adjust the parameters of the above contracts, including adjusting the funding rate, minimum price change, maximum leverage, initial margin, maintenance margin, and other important parameters;

  • Multi-Asset Mode supports the above perpetual contracts. Multi-Asset Mode supports assets other than USDT as margin for VINEUSDT and PIPPINUSDT perpetual contracts (including valuation discounts). For example: Users can use BTC as margin to trade VINEUSDT and PIPPINUSDT perpetual contracts;

  • The above perpetual contracts are governed by (Binance Terms of Use) and (Binance Contract Service Agreement);

  • The listing of contracts and spot assets is not related. The contracts listed on Binance do not guarantee that they will be listed on Binance Spot;

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

Note:

  • U-Margin Contract Trading Rules

  • U-Margin Contract Leverage and Margin

  • How to Switch Contract Trading Pairs

  • Binance Contract Platform Trading Fee Rate Table

  • Mark Price vs Index Price

  • Funding Rate History

  • Multi-Asset Mode

Thank you for your support of Binance!

Binance Team

January 24, 2025