On July 27th, Binance Futures began offering new trading options: perpetual contracts settled in USDT (a stablecoin) linked to the ProShares Bitcoin ETF, as well as two long-term U.S. Treasury products.
Summary
- Binance introduced BITOUSDT, TMFUSDT, and TBTUSDT perpetual contracts in five-minute intervals.
- All three products support up to 25x leverage and remain available for trading around the clock.
- Orders require a minimum notional value of 5 USDT, with funding settled every eight hours.
- The contracts expand Binance’s tokenized traditional finance offering, but regional access restrictions still apply.
Binance Futures adds three ETF-linked contracts
On July 27th, Binance Futures started offering three new perpetual contracts based on USDⓈ-M, beginning at 1:30 PM UTC, as announced by the exchange.
Trading started with the TMFUSDT contract, then TBTUSDT opened at 13:35 UTC, and BITOUSDT at 13:40 UTC. All of these contracts use USDT for settlement and let traders go long or short without any expiration dates.
TMFUSDT mirrors the returns of the Direxion Daily 20+ Year Treasury Bull 3X ETF, which aims to provide triple the daily percentage change of an index tracking long-term U.S. Treasury bonds (20 years or more).
TBTUSDT is designed to mimic the returns of an exchange-traded fund (ETF) that profits when long-term U.S. Treasury bond prices fall. Specifically, it aims to deliver twice the *inverse* daily performance of this type of bond – meaning if those bonds go down in value, TBTUSDT generally goes up, and by a larger percentage.
BITOUSDT is connected to the ProShares Bitcoin ETF (BITO). This fund, available in the U.S., lets investors gain exposure to Bitcoin mainly through Bitcoin futures contracts, instead of actually owning the Bitcoin itself.
New contracts offer leverage of up to 25x
Binance allows a maximum leverage of 25x on each contract. You can trade with a minimum of 0.01 units per order, but each order must be worth at least 5 USDT.
Every eight hours, funds will be distributed. The amount distributed each time will change based on market conditions, but it won’t increase by more than 2% or decrease by more than -2%. Binance has established a starting interest rate of 0% for these calculations.
These contracts also allow traders to use a variety of accepted assets as collateral, rather than being limited to just the contract’s main currency.
Binance confirmed that these specific products won’t be affected by changes to their funding intervals. Unlike other products, they’ll continue to have funding cycles every eight hours, even if the rate hits its maximum or minimum limits, or if no funding payments are necessary.
You can still buy and sell shares any time, 24/7. This is different than the traditional stock market hours for similar investments listed on U.S. exchanges.
Binance reserves the right to adjust leverage, funding rates, minimum price changes, and margin requirements for its products based on how the market is performing.
ETF derivatives support Binance’s super app strategy
This launch lets Binance offer cryptocurrency traders access to both Bitcoin futures and investments linked to U.S. government bonds – all on a single platform. It strengthens Binance’s position in the growing area of traditional financial assets being turned into digital tokens.
Earlier this July, Crypto.news reported that Binance is creating a comprehensive financial app. This “super app” will combine trading, payments, stablecoins, and various investment options into one platform.
According to Shunyat Jan, who leads spot and derivatives trading at Binance, while trading is still a core part of the platform, Binance is now focused on a broader range of customers than just traders.
“We’re trying to not just be a crypto exchange, but be a super app that involves payment.”
These new contracts are designed for traders who want to speculate on popular U.S. investments within Binance, offering 24/7 access. Importantly, they allow investors to gain exposure to trends like interest rates and Bitcoin without actually purchasing shares of the related ETFs.
What the contracts mean for US traders
Binance has cautioned users that even though its three new contracts are based on ETFs traded on NYSE Arca, these products might not be accessible everywhere. Just because an ETF is listed in the U.S. doesn’t mean Binance will offer a related contract to customers in the U.S.
Binance.US is a distinct company operating solely in the United States and managed independently. According to CEO Stephen Gregory, the platform hopes to capture 20% of the U.S. cryptocurrency trading market within the next two years, following a period of increased regulatory scrutiny.
The new futures contracts available on Binance.com are different from any products offered by Binance.US. If you’re a trader in the U.S., make sure you’re eligible to use the platform and understand the rules around leveraged trading before trying to access these types of products.
This launch follows Binance’s recent decision on July 24th to add Across Protocol, Lisk, and Stacks to its monitoring list. While users can still trade these tokens, Binance is now carefully watching their price swings, how easily they’re bought and sold, the progress of their development, and any potential operational risks.
2026-07-27 19:20