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Binance Futures Launches SOONUSDT Perpetual Contract with Up to 50x Leverage

  • Binance Futures has launched the SOONUSDT perpetual contract with up to 50x leverage, providing expanded trading options.
  • The underlying asset, SOON (SOON), is designed to offer Solana's high-speed trading experience across ecosystems via its SVM-based rollup infrastructure.
  • The contract will be settled in USDT, operate 24/7, and support Binance's Multi-Assets Mode for margin flexibility with a capped funding rate of ±2.00%.
  • Key details include funding fees settled every four hours and finalization of tick size and trading parameters 15 minutes before the launch.

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