Binance Futures has announced that it will launch the NEWTUSDT futures contract with USDⓈ margin on June 19, 2025, with a pre-market phase at 17:30 UTC.
Binance Futures launches the NEWTUSDT futures contract with a pre-market phase
This new contract aims to expand the trading options of the platform and provide users with more flexibility by offering a maximum leverage of 5x.
Key features of the NEWTUSDT pre-market contract
Pre-market 'Reference Price' mechanism:
If there are 21 or more trades occurring in the past 10 seconds, the reference price will be calculated based on the average of these trades.
If there are fewer than 21 trades, the system will use the average price of the 20 most recent trades.
This method aims to ensure price stability in the pre-market phase when liquidity and price discovery have not yet been fully established.
What does this mean for investors
The launch of the NEWTUSDT contract with the pre-market phase demonstrates Binance Futures' commitment to providing innovative product structures and a risk-controlled trading environment.
Thanks to the precise price control mechanism and clearly defined conversion process, investors will be able to trade more transparently, with low slippage risk and safety.
After the NEWT token is officially listed on the spot market and the derivatives market, this new contract is expected to attract both speculative investors and risk-hedging investors.
