Crypto Prices

Binance Set to Introduce IRYSUSDT Perpetual Contract with Up to 20x Leverage Options

3 weeks ago
1 min read
18 views

Introduction of IRYSUSDT Perpetual Contract

Binance Futures is gearing up to enhance its trading platform by adding a new perpetual contract, designated as IRYSUSDT. Set to debut on November 26, 2025, at 16:00 UTC, this contract allows users to leverage their positions by up to 20 times, significantly increasing trading potential.

Contract Details

Part of Binance’s ongoing commitment to diversify trading options for its clients, the IRYSUSDT contract will be transacted in USDT and will have a precision of 0.000001 in its tick size. Traders should also be aware that the funding rates for this contract are limited to a range of +2.00% to -2.00%, with adjustments occurring every four hours to account for funding fees.

Trading Features

The contract will be available for continuous trading throughout the week and incorporated into Binance’s Multi-Assets Mode, enabling traders to utilize various margin assets in their transactions. Furthermore, shortly after the launch, this contract will be integrated into Futures Copy Trading, broadening its accessibility and usage.

Promotions and Important Considerations

Notably, the introduction of the IRYSUSDT perpetual contract is tied to Binance’s New Listing Fee Promotion campaign, which could offer additional incentives for traders. However, it is crucial for users to understand that the details regarding leverage, funding fees, and tick size might change in response to market fluctuations. Users are encouraged to review the Binance Terms of Use and the Binance Futures Service Agreement for comprehensive guidelines.

Spot Market Clarification

It’s essential to point out that the launch of a futures contract does not imply a corresponding listing on the spot market; hence, there is no guarantee that a token available on Binance Futures will also be available for spot trading. For accuracy, users should consult the original English announcement in case of any inconsistencies in translations.

Popular