June 19, 2025 – Binance, the world’s leading cryptocurrency exchange, has announced the pre-market listing of Magic Newton (#NEWT ), an AI-driven blockchain project, on its futures platform. This move underscores Binance’s continued commitment to supporting cutting-edge innovations at the intersection of artificial intelligence and decentralized finance.
📅 Launch Timeline and Product Overview
As of 14:30 UTC on June 19, Binance has officially opened trading for the NEWT perpetual futures contract in its pre-market environment. The contract will offer up to 5x leverage and provides investors an opportunity to engage with the token before its spot market debut.
This listing represents a strategic advantage for early participants, granting exposure to the asset ahead of broader market access.
🤖 What is Magic Newton?
#MagicNewton is an advanced AI-integrated platform designed to revolutionize trading and infrastructure in the blockchain space. It combines:
AI-powered trading strategies
Automated trading systems
Secure rollup infrastructure for AI developers
By bridging AI and DeFi, Magic Newton aims to set a new standard for intelligent decentralized financial ecosystems.
🔍 Pre-Market Futures Highlights
Binance's pre-market futures contracts allow investors to trade new assets before they are listed on the spot market. Key details of the NEWTUSDT pre-market contract include:
Mark Price Mechanism:
Updated every second based on the average of the last 10 seconds of transaction prices.
If fewer than 21 trades occur, the mark price is calculated using the most recent 20 trades.
Funding Rate Framework:
Initial funding rate range set between -2.00% and +2.00%, recalculated every four hours.
Collateral Flexibility (Multi-Assets Mode):
Users can post collateral in $USDT, $BTC, or other supported assets.
🔁 Seamless Transition to Standard Futures
Once Magic Newton is listed on the spot market, Binance will transition the pre-market contract into a standard perpetual futures contract. Key assurances during this process:
All open positions and orders will be maintained
Trading will remain uninterrupted for users
⚙️ Dynamic Trading Adjustments
To ensure market stability, Binance reserves the right to adjust trading parameters in response to evolving market conditions. These may include:
Funding rate changes
Leverage cap revisions
Margin requirement adjustments
🚀 Strategic Implications
The pre-market listing of Magic Newton signals Binance’s confidence in the growing synergy between AI and blockchain technologies. It also provides early access to what could become a major trend in the evolution of crypto markets.
As investor interest in AI-powered platforms surges, Magic Newton presents a compelling opportunity for traders, developers, and technology enthusiasts alike.
Stay informed for future developments
