Certainly! Here's a rephrased version of the Binance announcement:
Binance Futures to Launch USDⓈ-Margined 1000000BOBUSDT Perpetual Contract (2025-06-05)
Dear Binancians,
To broaden the range of trading options and improve the overall trading experience, Binance Futures will introduce a new perpetual contract:
Launch Time: 2025-06-05 at 08:30 (UTC)
Contract: 1000000BOBUSDT Perpetual Contract
Maximum Leverage: Up to 50x
Key Contract Details:
SpecificationDetailsUnderlying AssetBuild On BNB (BOB)Contract Address0x51363F073b1E4920fdA7AA9E9d84BA97EdE1560eProject InfoMeme token created by Binance through an intern interactionSettlement AssetUSDTTick Size0.00001Capped Funding Rate+2.00% / -2.00%Funding Fee IntervalEvery 4 hoursTrading Hours24/7Multi-Assets ModeSupported (e.g., using BTC as margin)
Important Notes:
This contract will be available for Futures Copy Trading within 24 hours of its launch. Refer to the FAQ for eligible contracts.
Specifications such as funding rate, tick size, leverage, and margin requirements may be adjusted by Binance based on market conditions.
Multi-Assets Mode allows the use of other margin assets, subject to haircut adjustments.
This contract is governed by the Binance Terms of Use and the Binance Futures Service Agreement.
Futures listings do not imply Spot listings; this token may not be listed on Binance Spot.
For more details, check out the following resources:
Trading Rules of USDⓈ-M Futures Contracts
Leverage & Margin Guidelines
Futures Fee Structure
Funding Rate History
Multi-Assets Mode Guide
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