🚨 Important Update for Binance Futures Traders! 🚨The USDⓈ-Margined PUMPUSDT Perpetual Contract will be renamed to PUMPBTCUSDT on June 13, 2025! 📅🔍 Key Details:Settlement & Closure: All positions on PUMPUSDT will be closed, and automatic settlement will occur on June 13, 2025, at 09:00 UTC. The contract will be removed post-settlement.No New Positions: Starting June 13, 2025, at 08:30 UTC, you won’t be able to open new positions on PUMPUSDT. Close any open positions before settlement to avoid auto-settlement.New Contract Launch: USDⓈ-Margined PUMPBTCUSDT Perpetual Contract launches on June 13, 2025, at 10:00 UTC with up to 50x leverage!📜 PUMPBTCUSDT Contract Specs:Underlying Asset: PUMPBTC (PumpBTC) – a liquid staking solution for Babylon, aiming to unify BTC derivatives markets and boost BTCFi.Contract Address: 0xB7C0007ab75350c582d5eAb1862b872B5cF53F0CSettlement Asset: USDTTick Size: 0.00001Capped Funding Rate: +2.00% / -2.00%Funding Fee Frequency: Every 4 hoursMax Leverage: 50xTrading Hours: 24/7Multi-Assets Mode: Supported (e.g., use BTC as margin with applicable haircuts).💡 Additional Notes:Available for Futures Copy Trading within 24 hours of launch.Binance may adjust contract specs (funding fee, leverage, margins) based on market conditions.PUMPBTC is already listed on Binance Alpha Market.Futures listings don’t guarantee spot listings.Check the full announcement for more details on trading rules, leverage, fees, and more! 📊#BinanceFutures #PUMPBTCUSDT #TradingUpdate