Binance Futures to Launch IRYSUSDT Perpetual Contract with 20x Leverage

According to the announcement from Binance, the platform is set to expand its trading options on Binance Futures by introducing the IRYSUSDT perpetual contract. This new contract will be available from 2025-11-26 at 16:00 (UTC) and will offer up to 20x leverage. The IRYSUSDT contract is part of Binance's efforts to enhance the trading experience for its users by providing more diverse trading choices. The IRYSUSDT perpetual contract will be settled in USDT and will feature a tick size of 0.000001. The funding rate for this contract is capped at +2.00% and -2.00%, with funding fees settled every four hours. The contract will support 24/7 trading and will be included in Binance's Multi-Assets Mode, allowing users to trade across multiple margin assets. For instance, users can use BTC as margin when trading this contract under the Multi-Assets Mode. Additionally, the IRYSUSDT perpetual contract will be part of Binance Futures' New Listing Fee Promotion campaign and will be available for Futures Copy Trading within 24 hours of its launch. Binance has noted that the specifications of the contract, such as funding fee, tick size, and leverage, may be adjusted based on market risk conditions. Users are advised to refer to the Binance Terms of Use and the Binance Futures Service Agreement for more details. It is important to note that futures and spot token listings are not correlated, and a token listed on Binance Futures does not guarantee a spot listing. The announcement emphasizes that in case of any discrepancies, the original English version should be referred to for the most accurate information.