USDⓈ-Margined PUMPUSDT Perpetual Contract Will Be Renamed to USDⓈ-Margined PUMPBTCUSDT Perpetual Contract (2025-06-13)

2025-06-10 08:30

This is a general announcement. Products and services referred to here may not be available in your region.

Fellow Binancians,

Binance Futures will rename USDⓈ-Margined PUMPUSDT Perpetual Contract to  USDⓈ-Margined PUMPBTCUSDT Perpetual Contract. Binance Futures will close all positions and conduct an automatic settlement on USDⓈ-Margined PUMPUSDT Perpetual Contract at 2025-06-13 09:00 (UTC). The aforementioned contract will be removed after the settlement is completed. Users are advised to close any open positions prior to the settlement time to avoid automatic settlement. Users will not be able to  open new positions for USDⓈ-Margined PUMPUSDT Perpetual Contract starting from 2025-06-13 08:30 (UTC).

Binance Futures will then list USDⓈ-Margined PUMPBTCUSDT Perpetual Contract with up to 50x leverage at 2025-06-13 10:00 (UTC).

Note: PUMPBTC (LINK) is already listed on Binance Alpha Market.

More details on USDⓈ-Margined PUMPBTCUSDT Perpetual Contract can be found in the table below:  

USDⓈ-M Perpetual Contract

PUMPBTCUSDT

Launch Time

2025-06-13 10:00 (UTC)

Underlying Asset

PUMPBTC (PumpBTC)

Contract Address

0xB7C0007ab75350c582d5eAb1862b872B5cF53F0C

Project Info

PumpBTC serves as a liquid staking solution for Babylon. Its mission is to aggregate the currently divided BTC derivatives markets and expand the BTCFi’s landscape.

Settlement Asset

USDT

Tick Size

0.00001

Capped Funding Rate

+2.00% / -2.00%

Funding Fee Settlement Frequency

Every Four Hours

Maximum Leverage

50x

Trading Hours

24/7

Multi-Assets Mode

Supported

Please Note: 

  • USDⓈ-Margined PUMPBTCUSDT Perpetual Contract 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 FAQ.

  • The maximum funding rate of the aforementioned perpetual contract(s) at the time of launch is +2.00% / -2.00%. 

  • The funding fee settlement frequency is every four hours.

  • Based on market risk conditions, Binance may adjust the specifications of the aforementioned Futures contract(s) from time to time, which include the funding fee, tick size, maximum leverage, initial margin, and/or maintenance margin requirements.

  • Multi-Assets Mode allows users to trade the aforementioned perpetual contract(s) 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(s). 

  • The aforementioned perpetual contract(s) are 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 guarantee that it will be listed on Binance Spot.

  • In case there is a discrepancy between this announcement and any Futures FAQ, please refer to this announcement for the most accurate and updated information.

  • 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:

Thank you for your support!

Binance Team

2025-06-10

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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.

Disclaimer: In compliance with MiCA requirements, from 2024-06-30, unauthorized stablecoins are subject to certain restrictions for EEA users. For more information, please click here

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