Binance Futures Introduces Four New Equity-Backed Perpetual Contracts
Binance Futures has announced the launch of four new equity-backed perpetual futures contracts, available for trading starting today. The contracts will open at five-minute intervals beginning at 12.00 Turkey time, with each offering a maximum leverage of 20x.
The first contract, USDEX/USDT (USDEXUSDT), is based on StablecoinX Inc. Class A Common Stock (Nasdaq: USDE). This will be followed by VKTX/USDT (VKTXUSDT), tied to Viking Therapeutics, Inc. Common Stock (Nasdaq: VKTX). The third contract, MCD/USDT (MCDUSDT), is linked to McDonald’s Corporation Common Stock (NYSE: MCD), and the final one, AKAM/USDT (AKAMUSDT), is based on Akamai Technologies Common Stock (Nasdaq: AKAM).
All contracts will be settled in USDT and will be available for trading 24/7, with funding payments occurring every eight hours. The new listings provide traders with additional opportunities to engage with equity-backed assets on the Binance Futures platform.