Binance Adds SOONUSDT Perpetual Contract to Futures Platform With Up to 50x Leverage
Binance Futures will officially launch the USDⓈ-Margined SOONUSDT perpetual contract on May 23, 2025, at 08:30 UTC, expanding its futures product lineup and offering enhanced trading opportunities for high-leverage users.
The new listing supports up to 50x leverage and features 24/7 trading, multi-asset margin support, and funding fee settlements every four hours. The contract will be eligible for Futures Copy Trading within 24 hours of launch.
Contract Details at a Glance
Parameter | Details |
---|---|
Contract Name | SOONUSDT (USDⓈ-M) |
Launch Time | May 23, 2025 – 08:30 UTC |
Underlying Asset | SOON (SOON) |
Settlement Asset | USDT |
Max Leverage | 50x |
Funding Rate Cap | +2.00% / -2.00% |
Funding Interval | Every four hours |
Trading Hours | 24/7 |
Multi-Assets Mode | Supported (e.g., BTC as margin) |
Contract Address | 0xb9E1Fd5A02D3A33b25a14d661414E6ED6954a721 |
Tick Size | To be confirmed 15 minutes before launch |