Binance Futures is taking a brand new step to supply its customers a wider vary of buying and selling choices and improve the buying and selling expertise.
Binance Futures Lists XPLUSDT Buying and selling Pair
The corporate introduced that it’s going to launch pre-market buying and selling for its XPLUSDT perpetual contract at 12:30 PM on August 22, 2025. This new contract will present buyers with as much as 5x leverage.
The underlying asset for the XPLUSDT contract has been introduced as Plasma (XPL). Plasma is an EVM-compatible Layer 1 blockchain particularly developed for high-volume, low-cost international stablecoin funds. The challenge’s whole provide is 10 billion XPL, with an infinite most provide. USDT will likely be used because the settlement asset in transactions.
Through the pre-market buying and selling interval, the contract’s mark worth will likely be calculated each second and decided primarily based on the typical of the final 10 seconds of buying and selling. If there are inadequate transactions through the related time interval, the worth of the final 20 transactions will likely be used as the idea. This methodology goals to mirror worth fluctuations extra pretty and persistently.
The funding charge will likely be fastened at +0.005% through the pre-market interval and can fluctuate between +2.00% and -2.00% as soon as the pre-market buying and selling concludes. Funding charges will likely be calculated each 4 hours.
Binance Futures additionally introduced that the XPLUSDT perpetual contract will likely be tradable 24/7 and assist multi-asset mode. This transfer is anticipated to extend buyers’ entry to new stablecoin-based payment-focused tasks.
*This isn’t funding recommendation.