🚀 Binance Futures Launch: LINEAUSDT Pre-Market Perpetual Contract

Launch Date: 2025-09-01 08:30 (UTC)

Leverage: Up to 5x

Settlement Asset: USDT

Trading Hours: 24/7

Mode: Multi-Assets Supported

📌 Key Details

Underlying Asset: Linea (LINEA)

Project Info: Linea is a Layer 2 ZK Rollup network powered by zkEVM, designed to scale Ethereum.

Total Supply: 72,009,990,000 LINEA

⚡ Mark Price Mechanism

During Pre-Market:

Mark Price = Average of last 10 seconds of trade prices (calculated every second).

If <21 trades in 10s, average taken from last 20 trades.

±1% cap per second to prevent abnormal swings.

Transition to Standard Perpetual:

When a stable spot index price is available.

Formula = Median (Price 1, Price 2, Contract Price).

💰 Funding Rates

Pre-Market Period: +0.005% per funding interval (every 4 hours).

After Pre-Market Ends: Standard perpetual rates apply → +2.00% / -2.00% max.

Interest Rate: Fixed at 0.03% daily.

📊 Leverage & Margin Tiers
LeveragePosition (Notional USDT)Maintenance Margin Rate5x0 – 5,00010%4x5,000 – 10,00012.5%3x10,000 – 30,00016.7%2x30,000 – 80,00025%1x80,000 – 200,00050%

⚠️ Important Notes

Trading continues normally during transition (no cancellations of orders or positions).

Futures listing does NOT guarantee a Spot listing.

Binance may adjust contract specs (tick size, leverage, margin) depending on market conditions.

This contract will be included in Binance Futures New Listing Fee Promotion.

👉 In short: LINEAUSDT Perpetual Contract is live for pre-market trading with 5x leverage, capped funding during pre-market (+0.005%), and will later convert to standard perpetual with higher funding rate ranges (+/-2%).