Binance Introduces Perpetual Futures for Meme Coins PONS and Hajimi
Binance has launched two new perpetual futures contracts on its derivatives platform, offering traders the opportunity to bet on the price of PONS (PONS) and Hajimi, a Chinese meme coin.
The contracts, which are settled in USDT, allow for trading with up to 3x leverage and have a minimum notional value of 5 USDT. The tick size for PONSUSDT is 0.0001, while HajimiUSDT uses a smaller 0.00001 tick.
The launch comes as both assets have seen significant price increases in recent days. PONS has gained around 24% over the past day, while Hajimi has risen by approximately 248% in the same period.