Binance Announcement
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Binance Futures Will Launch USDⓈ-Margined LITUSDT Perpetual Contract Pre-Market Trading (2025-12-23)
This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
To expand the list of trading choices offered on Binance Futures and to enhance users’ trading experience, Binance Futures will launch LITUSDT perpetual contract pre-market trading starting at 2025-12-23 18:15 (UTC) with up to 5x leverage.
More details on the aforementioned perpetual contract can be found in the table below:
USDⓈ-M Perpetual ContractLITUSDTLaunch Time2025-12-23 18:15 (UTC)Underlying AssetLighter Protocol (LIT)Project InformationLighter Protocol is a trading platform focused on perpetuals. Lighter is built as a zero-knowledge rollup on top of Ethereum and focused on minimising latency and providing instant finality.Total Supply1,000,000,000 LITSettlement AssetUSDTMark PriceAverage of the last 10 seconds of trade prices, calculated every second.*Please see the section belowCapped Funding RateDuring the pre-market trading period: +0.005%After the pre-market trading ends: +2.00% / -2.00%*Please see the section “About Funding Rates” belowFunding Fee Settlement FrequencyEvery Four HoursMaximum Leverage5xTrading Hours24/7Multi-Assets ModeSupported
About Mark Price:
Mark Price methodology during the pre-market trading period
Pre-market perpetual futures contract mark price is calculated using the following formula:
Mark Price = Average of last 10 seconds trade prices, calculated every second.If there are less than 21 transaction prices in the 10 seconds interval, the average of the price index will be based on the last 20 transaction prices.
A ±1% of price cap will be imposed on the mark price where the price change is limited within ±1% range every second interval. This cap is applicable during the pre-market trading and pre-market standard perpetual transition period.
Pre-market Standard Perpetual Transition Period
Pre-market perpetual futures contracts will be converted to standard perpetual futures contracts gradually when a stable index price can be derived from the spot market(s) (as determined by Binance). The mark price will gradually converge from pre-market trading Mark Price to the standard Mark Price calculation (Mark Price = Median (Price 1, Price 2, Contract Price)) during the transition period. The transition period duration is subject to price volatility and availability of stable index price.
Trading function is not affected during the transition period. Open orders and positions will not be cancelled.
Mark Price After the Pre-Market Trading Ends
When the pre-market perpetual futures contract ends, the Mark Price will be calculated using the following formula: Mark Price = Median (Price 1, Price 2, Contract Price)
Please refer to Mark Price and Price Index in USDⓈ-Margined Futures for Price 1 and Price 2 formulas.
About Funding Rates:
There are two components to the funding rate: the interest rate and the premium. Binance uses a flat interest rate fixed at 0.03% daily by default. Due to unavailability of premium index during the pre-market trading period, the funding rate will be 0.005% per funding interval since funding interval occurs every four hours. Binance reserves the right to adjust the interest rate from time to time depending on market conditions. The funding rate settlement frequency during the pre-market trading period occurs every four hours. A separate announcement will be made if Binance Futures decides to increase the funding rate settlement frequency from every four hours to every one hour during the pre-market trading period.
After the pre-market trading ends, the funding rate will follow the standard perpetual futures contract’s funding rate rules where the maximum and minimum funding rate could go up to +2.00% / -2.00%.
Leverage & Margin Tiers:
LeveragePosition (Notional Value in USDT)Maintenance Margin Rate5x0 < Position ≤ 5,00010.00%4x5,000 < Position ≤ 10,00012.50%3x10,000 < Position ≤ 30,00016.70%2x30,000 < Position ≤ 80,00025.00%1x80,000 < Position ≤ 200,00050.00%
Please Note:
Please note that a stricter maximum price will be imposed during the pre-market trading and pre-market standard perpetual transition period. Binance may adjust the maximum price from time to time based on market risk conditions. API users may use GET /fapi/v1/exchangeInfo while UI users can refer to this page to find the latest maximum price.
Binance may impose a price cap on the mark price during the pre-market trading and pre-market standard perpetual transition period.The aforementioned perpetual contract(s) will be included in Binance Futures New Listing Fee Promotion campaign.
The aforementioned perpetual contract(s) will be made available for Futures Copy Trading within 24 hours of launch. For more information on available Futures Copy Trading contracts, please refer to this page.
The pre-market trading will end and be converted to standard perpetual futures contract when the symbol is listed on the spot market(s). No separate announcement will be made.
Based on market risk conditions, Binance may adjust the specifications of the aforementioned Futures contract from time to time, which include the funding fee, tick size, maximum leverage, initial margin, and/or maintenance margin requirements. Please refer to the Trading Rules for the latest adjustment.Multi-Assets Mode allows users to trade the aforementioned perpetual contract across multiple margin assets, subject to the applicable haircuts. For example, when the Multi-Assets Mode is activated, users can use BTC as margin when trading the aforementioned perpetual contract. The aforementioned perpetual contract is subject to the Binance Terms of Use and the Binance Futures Service Agreement.Futures and spot token listings are not correlated. A token listed on Binance Futures does not indicate nor guarantee that it will be listed on Binance Spot.There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.
Further Information:
Trading Rules of USDⓈ-M Futures ContractsLeverage and Margin of USDⓈ-M Futures Contracts
Binance Futures Fee StructureHow to Select Trading PairsFunding Rate HistoryMark Price and Price IndexMulti-Assets Mode
Thank you for your support!
Binance Team
2025-12-23Note: This announcement was updated on 2025-12-23 to update the launch time to 2025-12-23 18:15 (UTC).
Fellow Binancians,
To expand the list of trading choices offered on Binance Futures and to enhance users’ trading experience, Binance Futures will launch LITUSDT perpetual contract pre-market trading starting at 2025-12-23 18:15 (UTC) with up to 5x leverage.
More details on the aforementioned perpetual contract can be found in the table below:
USDⓈ-M Perpetual ContractLITUSDTLaunch Time2025-12-23 18:15 (UTC)Underlying AssetLighter Protocol (LIT)Project InformationLighter Protocol is a trading platform focused on perpetuals. Lighter is built as a zero-knowledge rollup on top of Ethereum and focused on minimising latency and providing instant finality.Total Supply1,000,000,000 LITSettlement AssetUSDTMark PriceAverage of the last 10 seconds of trade prices, calculated every second.*Please see the section belowCapped Funding RateDuring the pre-market trading period: +0.005%After the pre-market trading ends: +2.00% / -2.00%*Please see the section “About Funding Rates” belowFunding Fee Settlement FrequencyEvery Four HoursMaximum Leverage5xTrading Hours24/7Multi-Assets ModeSupported
About Mark Price:
Mark Price methodology during the pre-market trading period
Pre-market perpetual futures contract mark price is calculated using the following formula:
Mark Price = Average of last 10 seconds trade prices, calculated every second.If there are less than 21 transaction prices in the 10 seconds interval, the average of the price index will be based on the last 20 transaction prices.
A ±1% of price cap will be imposed on the mark price where the price change is limited within ±1% range every second interval. This cap is applicable during the pre-market trading and pre-market standard perpetual transition period.
Pre-market Standard Perpetual Transition Period
Pre-market perpetual futures contracts will be converted to standard perpetual futures contracts gradually when a stable index price can be derived from the spot market(s) (as determined by Binance). The mark price will gradually converge from pre-market trading Mark Price to the standard Mark Price calculation (Mark Price = Median (Price 1, Price 2, Contract Price)) during the transition period. The transition period duration is subject to price volatility and availability of stable index price.
Trading function is not affected during the transition period. Open orders and positions will not be cancelled.
Mark Price After the Pre-Market Trading Ends
When the pre-market perpetual futures contract ends, the Mark Price will be calculated using the following formula: Mark Price = Median (Price 1, Price 2, Contract Price)
Please refer to Mark Price and Price Index in USDⓈ-Margined Futures for Price 1 and Price 2 formulas.
About Funding Rates:
There are two components to the funding rate: the interest rate and the premium. Binance uses a flat interest rate fixed at 0.03% daily by default. Due to unavailability of premium index during the pre-market trading period, the funding rate will be 0.005% per funding interval since funding interval occurs every four hours. Binance reserves the right to adjust the interest rate from time to time depending on market conditions. The funding rate settlement frequency during the pre-market trading period occurs every four hours. A separate announcement will be made if Binance Futures decides to increase the funding rate settlement frequency from every four hours to every one hour during the pre-market trading period.
After the pre-market trading ends, the funding rate will follow the standard perpetual futures contract’s funding rate rules where the maximum and minimum funding rate could go up to +2.00% / -2.00%.
Leverage & Margin Tiers:
LeveragePosition (Notional Value in USDT)Maintenance Margin Rate5x0 < Position ≤ 5,00010.00%4x5,000 < Position ≤ 10,00012.50%3x10,000 < Position ≤ 30,00016.70%2x30,000 < Position ≤ 80,00025.00%1x80,000 < Position ≤ 200,00050.00%
Please Note:
Please note that a stricter maximum price will be imposed during the pre-market trading and pre-market standard perpetual transition period. Binance may adjust the maximum price from time to time based on market risk conditions. API users may use GET /fapi/v1/exchangeInfo while UI users can refer to this page to find the latest maximum price.
Binance may impose a price cap on the mark price during the pre-market trading and pre-market standard perpetual transition period.The aforementioned perpetual contract(s) will be included in Binance Futures New Listing Fee Promotion campaign.
The aforementioned perpetual contract(s) will be made available for Futures Copy Trading within 24 hours of launch. For more information on available Futures Copy Trading contracts, please refer to this page.
The pre-market trading will end and be converted to standard perpetual futures contract when the symbol is listed on the spot market(s). No separate announcement will be made.
Based on market risk conditions, Binance may adjust the specifications of the aforementioned Futures contract from time to time, which include the funding fee, tick size, maximum leverage, initial margin, and/or maintenance margin requirements. Please refer to the Trading Rules for the latest adjustment.Multi-Assets Mode allows users to trade the aforementioned perpetual contract across multiple margin assets, subject to the applicable haircuts. For example, when the Multi-Assets Mode is activated, users can use BTC as margin when trading the aforementioned perpetual contract. The aforementioned perpetual contract is subject to the Binance Terms of Use and the Binance Futures Service Agreement.Futures and spot token listings are not correlated. A token listed on Binance Futures does not indicate nor guarantee that it will be listed on Binance Spot.There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.
Further Information:
Trading Rules of USDⓈ-M Futures ContractsLeverage and Margin of USDⓈ-M Futures Contracts
Binance Futures Fee StructureHow to Select Trading PairsFunding Rate HistoryMark Price and Price IndexMulti-Assets Mode
Thank you for your support!
Binance Team
2025-12-23Note: This announcement was updated on 2025-12-23 to update the launch time to 2025-12-23 18:15 (UTC).
ရှင်းလင်းချက်- ပြင်ပအဖွဲ့အစည်း၏ ထင်မြင်ယူဆချက်များ ပါဝင်သည်။ ဘဏ္ဍာရေးဆိုင်ရာ အကြံပေးခြင်း မဟုတ်ပါ။ စပွန်ဆာပေးထားသော အကြောင်းအရာများ ပါဝင်နိုင်ပါသည်။ See T&Cs.