This is a general announcement. Products and services referred to here may not be available in your region.

Fellow Binancians,

To expand the list of trading choices offered on Binance Futures and enhance users’ trading experience, Binance Futures will launch the following perpetual contract(s) as below:

  • 2025-05-29 08:30 (UTC): MERLUSDT Perpetual Contract with up to 50x leverage

Please note that MERL (LINK) is already listed on Binance Alpha Market.

More details on the aforementioned perpetual contract(s) can be found in the table below:  

USDⓈ-M Perpetual Contract

MERLUSDT

Launch Time

2025-05-29 08:30 (UTC)

Underlying Asset

MERL (Merlin Chain)

Contract Address

0xa0c56a8c0692bd10b3fa8f8ba79cf5332b7107f9

Project Info

Merlin Chain serves as a Layer 2 solution for Bitcoin, incorporating essential components like ZK-Rollup networks, decentralized oracle networks, and fraud proofs within the Bitcoin chain.

Settlement Asset

USDT

Tick Size

0.00001

Capped Funding Rate

+2.00% / -2.00%

Funding Fee Settlement Frequency

Every Four Hours

Maximum Leverage

50x

Trading Hours

24/7

Multi-Assets Mode

Supported

Please Note: 

  • The aforementioned perpetual contract(s) will be made available for Futures Copy Trading within 24 hours of launch. For more information on available Futures Copy Trading contracts, please refer to this FAQ.

  • The maximum funding rate of the aforementioned perpetual contract(s) at the time of launch is +2.00% / -2.00%. 

  • The funding fee settlement frequency is every four hours.

  • Based on market risk conditions, Binance may adjust the specifications of the aforementioned Futures contract(s) from time to time, which include the funding fee, tick size, maximum leverage, initial margin, and/or maintenance margin requirements.

  • Multi-Assets Mode allows users to trade the aforementioned perpetual contract(s) across multiple margin assets, subject to the applicable haircuts. For example, when the Multi-Assets Mode is activated, users can use BTC as margin when trading the aforementioned perpetual contract(s). 

  • The aforementioned perpetual contract(s) are subject to the Binance Terms of Use and the Binance Futures Service Agreement.

  • Futures and spot token listings are not correlated. A token listed on Binance Futures does not guarantee that it will be listed on Binance Spot.

  • In case there is a discrepancy between this announcement and any Futures FAQ, please refer to this announcement for the most accurate and updated information.

  • There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.

Further Information:

Thank you for your support!

Binance Team

2025-05-28