This is a general Binance Exchange Notice. 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:
2026-09-07 02:00 (UTC): BYDUSDT USDT-Priced Perpetual Contract
2026-09-07 02:05 (UTC): HK0992USDT Quanto Perpetual Contract
More details on the aforementioned perpetual contract(s) can be found in the table below:
Contract Type | USDT-Priced | Quanto |
USDⓈ-M Perpetual Contract | BYDUSDT | HK0992USDT |
Launch Time | 2026-09-07 02:00 (UTC) | 2026-09-07 02:05 (UTC) |
Underlying Equity | BYD CO. LTD. - H SHARES (HKEX: 1211) | LENOVO GROUP LTD. (HKEX: 0992) |
Settlement Asset | USDT | USDT |
Tick Size | 0.01 | 0.01 |
Min Trade Amount | 0.01 BYD | 0.01 HK0992 |
Min Notional Value | 5 USDT | 5 USDT |
Capped Funding Rate | +1.00% / -1.00% | +1.00% / -1.00% |
Funding Fee Settlement Frequency | Every Four Hours | Every Four Hours |
Interest Rate of Funding Rate | 0% | 0% |
Maximum Leverage | 20x | 20x |
Trading Hours | 24/7 | 24/7 |
Multi-Assets Mode | Supported | Supported |
Please Note:
This information is released as a Notice under Binance Exchange Rule 17.
The aforementioned perpetual contract(s) are exempted from 8.1 Adjustment of Funding Interval rules. The funding interval will not be adjusted from every four hours to every one hour when the previous funding rate settlement of the aforementioned perpetual contract(s) reach the funding rate cap or floor. A separate announcement will be made if Binance Futures decides to increase the funding interval of the aforementioned perpetual contract(s) to every one hour.
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.
In case there is a discrepancy between this notice and any Futures FAQ, please refer to this notice 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:
Perpetual Futures on Traditional Assets
Trading Rules to Trading Parameter
Leverage and Margin of USDⓈ-M Futures Contracts
Binance Futures Fee Structure
How to Select Trading Pairs
Mark Price and Price Index
Multi-Assets Mode
Binance Futures Contract Specification
Thank you for your support!
Binance Team
2026-09-04