This is a general announcement. The products and services mentioned here may not be available in your region.
Fellow Binancians,
Binance is thrilled to announce the upcoming launch of Skate (SKATE) on Binance Alpha, with trading set to commence on 2025-06-09 at 10:00 (UTC). Additionally, Binance Futures will introduce the SKATEUSDT Perpetual Contract with up to 50x leverage, launching on 2025-06-09 at 10:30 (UTC).
Binance is proud to be the first platform to list and support trading for Skate (SKATE) on both Binance Alpha and Binance Futures.
š SKATE Token Airdrop
To celebrate this launch, Binance is hosting an exclusive token airdrop for eligible users. To participate:
Users must redeem the airdrop using Binance Alpha Points
Claim period: 2025-06-09 10:00 (UTC) to 2025-06-10 10:00 (UTC)
Visit the Binance Alpha Events Page via the Binance App (search function)
š Learn how to claim the Alpha airdrop using Binance Alpha Points
š SKATEUSDT Perpetual Contract Details
Item Details
Contract SKATEUSDT
Launch Time 2025-06-09 10:30 (UTC)
Underlying Asset Skate (SKATE)
Settlement Asset USDT
Tick Size To be updated 15 minutes before launch
Capped Funding Rate +2.00% / -2.00%
Funding Fee Settlement Frequency Every 4 hours
Maximum Leverage 50x
Trading Hours 24/7
Multi-Assets Mode Supported
About Skate (SKATE):
Skate is a multi-VM infrastructure enabling any decentralized application (dApp) to operate across both EVM and non-EVM blockchains. At its core, Skate features an AMM designed to unify liquidity across chains.
ā¹ļø Additional Notes
Tick size will be updated 15 minutes before the contract launch. Please refer back to this announcement for the latest updates.
The SKATEUSDT Perpetual Contract will be available for Futures Copy Trading within 24 hours of launch. More info here.
All specifications (funding fees, leverage, margin requirements, etc.) are subject to change based on market conditions.
Multi-Assets Mode allows using alternative assets like BTC as margin.
This contract is governed by the Binance Terms of Use and the Binance Futures Service Agreement. Note that a tokenās listing on Binance Futures does not guarantee its listing on Binance Spot.
In case of discrepancies between this announcement and other FAQ pages, this announcement will take precedence. Refer to the original English version for the most accurate information.
š Learn More
USDā-M Futures Trading Rules
Leverage & Margin Guidelines
Futures Fee Structure
Choosing Trading Pairs
Funding Rate History
Understanding Mark Price & Index
Multi-Assets Mode Explained
Thank you for your continued support,
Binance Team
2025-06-06
ā ļø Disclaimer:
Binance Alpha showcases emerging digital assets not listed on the main Binance Exchange. Labeling as an Alpha Asset does not guarantee a future listing. These assets carry increased risk, higher volatility, and may include:
Significant price slippage and blockchain fees
Inability to withdraw Alpha Assets from Binance
Potential for total or partial investment loss
Please invest responsibly. Binance will not be held liable for any financial losses incurred from investing in Alpha Assets.