Binance Futures to Launch PROMUSDT Perpetual Contract With Up to 75x Leverage

Binance Futures is expand its offerings with the launch of the USDⓈ-Margined PROMUSDT Perpetual Contract, scheduled for 2025-01-15 at 12:30 (UTC). The contract will feature up to 75x leverage, catering to advanced traders seeking increased trading flexibility.Contract DetailsUnderlying Asset: Prom (PROM)Settlement Asset: USDTTick Size: 0.001Maximum Leverage: 75xFunding Fee Settlement Frequency: Every four hoursTrading Hours: 24/7Capped Funding Rate: +2.00% / -2.00%Multi-Assets Mode SupportTraders can utilize BTC and other assets as margin when using the Multi-Assets Mode, subject to applicable haircut rates.Important NotesThe maximum funding rate at launch is capped at +2.00% / -2.00%.The funding fee settlement frequency is every four hours, with rates updated throughout the day (e.g., 16:00 UTC, 20:00 UTC).This perpetual contract is governed by Binance’s Terms of Use and Futures Service Agreement.