Binance Futures to Launch ELSAUSDT Perpetual Contract with 20x Leverage

According to the announcement from Binance, Binance Futures is set to expand its trading options by introducing the ELSAUSDT perpetual contract, scheduled for launch on 2026-01-22 at 07:25 (UTC). This new contract will offer up to 20x leverage, providing traders with enhanced opportunities to engage in the market. The underlying asset for this contract is HeyElsa (ELSA), an AI-powered agentic layer designed for decentralized finance (DeFi) that aims to transform complex blockchain workflows into autonomous income streams. The settlement asset for the contract will be USDT, with a tick size of 0.00001 and a minimum trade amount of 1 ELSA. The minimum notional value is set at 5 USDT, and the capped funding rate is +2.00% / -2.00%, with funding fees settled every four hours. The ELSAUSDT perpetual contract will be available for trading 24/7, and it supports Multi-Assets Mode, allowing users to trade across multiple margin assets. For instance, when Multi-Assets Mode is activated, users can utilize BTC as margin for trading this contract. Binance has indicated that the specifications of the contract, including funding fees, tick size, maximum leverage, initial margin, and maintenance margin requirements, may be adjusted based on market risk conditions. It is important to note that futures and spot token listings are not correlated, meaning a token listed on Binance Futures does not guarantee its listing on Binance Spot. The contract is subject to Binance's Terms of Use and the Binance Futures Service Agreement. Users are encouraged to refer to the announcement for the most accurate and updated information regarding the contract.