Binance Futures will introduce the perpetual PUMPUSDT contract with a maximum leverage of 5 times starting on July 10, 2025.
The contract uses the Pump.fun Token (PUMP) as the underlying asset, with a total supply of 1 trillion Tokens, paid in USDT with a limited funding rate mechanism and supporting multi-asset mode.
MAIN CONTENT
The PUMPUSDT contract is a perpetual contract, launching on Binance Futures on July 10, 2025.
The underlying asset is the Pump.fun Token with a total supply of up to 1 trillion.
Maximum leverage of 5 times, funding rate mechanism ±2.00%, paid in USDT, supporting multi-asset.
What is the PUMPUSDT contract and when will it be launched?
Binance confirms it will launch the perpetual PUMPUSDT contract at 07:30 (GMT+7) on July 10, 2025, offering up to 5 times leverage for users.
This contract is a cryptocurrency derivative product that allows traders to engage in long-term trading without worrying about expiration dates, providing flexible opportunities in portfolio management.
What is the underlying asset of the PUMPUSDT contract?
The Pump.fun Token (PUMP) will be the underlying asset of the contract, with a total supply of 1 trillion Tokens, helping to expand diverse trading options in the derivatives market.
Choosing Tokens with a large supply helps increase liquidity and attractiveness to Altcoin-loving investors on Binance Futures.
How are the leverage, payment, and funding rate mechanisms of the contract designed?
The PUMPUSDT contract allows up to 5 times leverage, paid in USDT with a funding rate mechanism limited to ±2.00%, ensuring stability during market fluctuations.
The funding rate is calculated and paid every 4 hours to balance long and short positions, limiting sudden fluctuations in the derivatives market.
“The launch of the perpetual PUMPUSDT contract is a step forward to diversify derivative products, allowing investors to easily capitalize on opportunities from the Pump.fun Token.”
Nguyen Huy Hoang, Product Director of Binance Futures, July 2025
How is the contract converted after the pre-sale phase?
After the pre-sale period ends, the PUMPUSDT contract will automatically convert to a standard perpetual contract without interrupting user trading functionality.
This ensures continuity and stability in trading, enhancing the trader experience on the Binance Futures platform.
How does the PUMPUSDT contract support the multi-asset mechanism?
The contract uses a multi-asset mechanism, allowing investors to use different types of assets as collateral, increasing flexibility in risk and capital management.
This mechanism aligns with the trend of diversifying investment portfolios in the current cryptocurrency derivatives market.
Comparison table of some features of the PUMPUSDT contract and other popular perpetual contracts
Criteria PUMPUSDT BTCUSDT (Standard) ETHUSDT Underlying assets Pump.fun (PUMP) Bitcoin (BTC) Ethereum (ETH) Total asset supply 1 trillion Tokens 21 million BTC 120 million ETH Maximum leverage 5 times 125 times 75 times Payment USDT USDT USDT Funding rate mechanism Limited to ±2.00% No fixed limit No fixed limit Funding payment cycle 4 hours 8 hours 8 hours Support mode Multi-asset Multi-asset Multi-asset
“The modest leverage design and limited funding rate help mitigate risks, suitable for the pre-sale version to gauge market demand.”
Tran Minh Duc, Cryptocurrency Derivatives Analyst, June 2025
Frequently Asked Questions
When does the PUMPUSDT contract start trading? Starting at 07:30 AM (Vietnam time) on July 10, 2025, users can trade this contract on Binance Futures. What is the maximum leverage allowed for this contract? The PUMPUSDT contract supports a maximum leverage of 5 times, providing moderate risk levels for investors. What is the payment mechanism for the contract? The contract payment is made in the stablecoin USDT to minimize price volatility when trading. How does the funding rate mechanism affect trading? The funding rate is limited to ±2.00% and paid every 4 hours to balance the market and reduce sudden volatility. After the pre-sale ends, will there be any changes to the contract? After the pre-sale, the contract automatically converts to a standard perpetual contract without disrupting trading.
Source: https://tintucbitcoin.com/pumpusdt-ra-mat-hop-dong-futures/
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