The contract will offer up to 50x leverage, expanding the trading options available on the platform.

The underlying asset, SOON (SOON), is a project designed to deliver Solana’s high-speed trading experience across ecosystems through its SVM-based rollup infrastructure, dubbed the SOON Stack. The contract will be settled in USDT and will operate 24/7, supporting Binance’s Multi-Assets Mode for margin flexibility.

Key details include a capped funding rate of ±2.00%, with funding fees settled every four hours. Tick size and other trading parameters will be finalized 15 minutes before launch.

This new listing continues Binance Futures’ strategy to offer a broad range of leveraged trading products to cater to both institutional and retail traders.

The post Binance Futures Launches SOONUSDT Perpetual Contract with Up to 50x Leverage appeared first on Coindoo.

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Filed under: Bitcoin - @ May 23, 2025 8:15 am