Binance continues to expand its derivatives services with new listing announcements on the futures platform.
Binance Futures Launches SOON/USDT Perpetual Futures Contract with Leverage Up to 50x
The exchange will launch the SOONUSDT perpetual futures contract with USDⓈ margin on May 23, 2025, at 11:30 AM, providing traders with leverage of up to 50 times on the newly listed trading pair.
The SOONUSDT contract will join Binance Futures' list of perpetual contracts aimed at providing users with a wider range of trading opportunities and greater flexibility.
According to the official announcement, the tick size specification will be disclosed 15 minutes before the contract launches, and users are encouraged to refer to Binance's official channels for the latest updates.
Binance has confirmed that the SOONUSDT futures contract will also be available for futures copy trading within 24 hours of its launch.
This will allow users to copy the strategies of top-performing traders and take advantage of similar opportunities driven by market volatility.
The initial funding rate for the SOONUSDT contract is capped at +2.00% / -2.00%, with settlements occurring every four hours, which is the standard schedule for most of Binance's perpetual contracts.
Traders are advised to exercise caution when using high leverage and to understand the funding rate mechanism and associated risks. Binance also emphasizes the importance of reviewing contract specifications and managing positions responsibly.
For more information, users can visit the official Binance Futures Copy Trading FAQ page and follow the platform's announcement page for live updates.