It made a new announcement to offer its users broader trading options and enhance the experience.
Binance Futures is opening the SOMIUSDT perpetual futures contract for pre-market trading.
The company's futures platform, Binance Futures, announced that it will open the SOMIUSDT perpetual futures contract for pre-market trading as of August 25, 2025, at 11:30. This new product will allow investors to trade with leverage up to 5 times.
The underlying asset of the new listed contract will be Somnia (SOMI). Somnia stands out as a high-performance and EVM-compatible Layer-1 blockchain. The project focuses on developing applications that appeal to a wide audience, particularly in the gaming and entertainment sectors, with a total supply of 1 billion SOMI.
The contract will be collateralized in USDT and trading will be available 24 hours a day. Additionally, the multi-assets mode will also be supported. During the pre-market trading period, the funding rate will be fixed at +0.005%, and after this period, rates may fluctuate within the +2.00% / -2.00% band. Funding fees will be collected every 4 hours.
Binance reminded investors that some features of the contract are still under development, warning that crypto investments carry high risks and advising them to conduct thorough research.
Stay tuned for updates.
