Binance Futures has announced the launch of two new USDⓈ-margined perpetual contracts: KAIAUSDT and AEROUSDT, offering traders leverage of up to 75x. These contracts aim to expand the platform’s trading options and provide enhanced flexibility for users.
Launch Details
- KAIAUSDT Perpetual Contract: Trading begins on December 4, 2024, at 14:00 UTC.
- AEROUSDT Perpetual Contract: Trading begins on December 4, 2024, at 14:15 UTC.
Traders can verify the contract details through the following addresses:
- Kaia: https://kaiascan.io/
- Aerodrome Finance: 0x940181a94a35a4569e4529a3cdfb74e38fd98631.
Key Features
- Funding Rate: The initial funding rate is capped at +2.00% / -2.00%, with settlements occurring every four hours.
- Trading Flexibility: The Multi-Assets Mode allows users to use multiple assets, such as BTC, as margin for these contracts, with applicable haircuts based on the asset used.
Risk Management
Binance may adjust contract specifications, including leverage, tick size, and margin requirements, in response to market conditions to ensure a secure trading environment.
This latest addition reinforces Binance Futures’ commitment to diversifying trading instruments and catering to the evolving needs of its global user base.