Binance Launches Five Stock Perpetuals With Up to 20x Leverage

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Binance Futures has expanded its traditional-finance derivatives lineup with five new USDT-margined perpetual contracts tied to U.S.-listed stocks and leveraged exchange-traded funds. The contracts launched on Aug. 25, giving eligible traders 24/7 access to price exposure with leverage of up to 20x.

Five New TradFi Contracts

The new products include SKUUUSDT, SKDDUSDT, RAMUSDT, DJTUSDT and MRNAUSDT. Binance introduced the contracts in five-minute intervals between 09:00 and 09:20 UTC.

SKUU tracks the GraniteShares 2x Long SK Hynix Daily ETF, while SKDD tracks its 2x Short counterpart. RAM references the Roundhill T-REX 2X Long DRAM Daily Target ETF. The remaining contracts track Trump Media & Technology Group and Moderna.

The products offer several features designed to mirror Binance’s crypto derivatives experience:

  • Up to 20x leverage
  • USDT settlement
  • 24/7 trading
  • Minimum notional value of 5 USDT
  • Funding settlements every eight hours
  • Funding rates capped at plus or minus 2%

Leverage Adds Another Layer of Risk

The new contracts do not give traders ownership of the underlying shares or ETFs. They instead provide synthetic exposure to price movements through perpetual derivatives.

The structure also creates additional risks. SKUU, SKDD and RAM already use leveraged investment strategies with daily resets. Applying 20x leverage to those products can magnify both gains and losses significantly.

The contracts can also trade continuously while their underlying U.S. securities remain closed outside regular market hours. That difference may create price gaps when traditional markets reopen.

Binance’s latest expansion highlights the exchange’s broader push to bring traditional financial assets into crypto-native derivatives markets. However, availability depends on the user’s jurisdiction, and Binance can adjust leverage, margin and funding parameters based on market conditions.

Adam L
Adam L
In the world of blockchain and cryptocurrencies, I have a great deal of passion and interest. My interest in blockchain and cryptocurrencies has led me to explore these technologies in greater depth, as I am interested in the potential implications they could have on the global economy.

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