Binance Unveils Five US Stock Perpetual Contracts with Up to 20X Leverage
Binance has expanded its offering in traditional financial assets by launching five USDT-margined perpetual contracts tied to U.S. stocks and leveraged exchange-traded funds (ETFs). The contracts, which offer up to 20x leverage, allow traders to access Trump Media, Moderna, and three semiconductor-focused ETFs with round-the-clock trading and eight-hour funding settlements.
The five contracts are SKUUUSDT, SKDDUSDT, RAMUSDT, DJTUSDT, and MRNAUSDT, which reference the GraniteShares 2x Long SK Hynix Daily ETF, the issuer's 2x Short SK Hynix Daily ETF, the Roundhill T-REX 2X Long DRAM Daily Target ETF, Trump Media & Technology Group shares, and Moderna shares, respectively.
While these contracts provide derivatives and not stock ownership, traders can use up to 20x leverage to amplify their potential gains or losses. Binance has emphasized that the products are perpetual derivatives priced and settled in USDT, with funding fees settling every eight hours and a minimum trade size of 0.01 units.