Binance to Launch MELANIAUSDT Perpetual Contract with 25x Leverage

Binance Futures is set to expand its trading offerings with the USDⓈ-Margined MELANIAUSDT Perpetual Contract launch, scheduled to go live on January 20, 2025, at 09:30 (UTC). This new contract will provide users with leverage of up to 25x, offering traders enhanced opportunities to capitalize on market movements.The MELANIAUSDT contract is based on the Melania Meme (MELANIA) token, with a settlement in USDT. Users will have access to 24/7 trading and the ability to trade across multiple margin assets under Binance's Multi-Assets Mode, which allows them to use BTC and other supported cryptocurrencies as collateral.Key Details of the MELANIAUSDT Perpetual Contract:Launch Time: January 20, 2025, 09:30 (UTC)Maximum Leverage: 25xSettlement Asset: USDTTick Size: 0.001Funding Rate Cap: ±2.00%Funding Fee Settlement Frequency: Every 4 hoursContract Address: View HereFunding Fee Schedule (UTC):Date & TimeMax Funding Rate2025-01-20 12:00±2.00%2025-01-20 16:00±2.00%2025-01-20 20:00±2.00%2025-01-21 00:00±2.00%Binance has also highlighted that trading specifications such as funding fees, tick size, and leverage may be subject to adjustments based on market risk conditions.