All three launched between 09:00 and 09:10 UTC, with an 8-hour funding rate cycle, a minimum trade size of 0.01 contracts, and a minimum notional value of 5 USDT .
The HK0700USDT and HK1810USDT contracts are Quanto perpetuals: the underlying exposure is in HKD-denominated Hong Kong shares, but margin and P&L settle entirely in USDT — eliminating FX conversion risk for global traders . Binance's official social channels explicitly confirmed the Quanto structure
.
All five contracts offer up to 25x leverage and an 8-hour funding rate interval . (Note: The official Binance announcement lists July 20 for the Hong Kong contracts, but multiple news outlets and other Binance communications cite July 17
. The discrepancy may reflect a time-zone or schedule adjustment; the official support announcement dated July 16 lists July 20
.)
These listings are part of a deliberate, months-long expansion:
The overarching strategy: use Binance's ADGM-regulated venue to offer crypto-native perpetual-futures mechanics — no expiry, 24/7 trading, stablecoin settlement, and up to 25x leverage — on traditional asset classes including commodities, U.S. equities, leveraged ETFs, pre-IPO names, AI stocks, and Asian equities, all without requiring users to hold or convert fiat currencies .