On July 16, 2026, Binance listed three USDⓈ-margined TradFi perpetual contracts tracking U.S. exchange-traded funds :
| Contract | Underlying ETF | Exposure | Max Leverage |
|---|---|---|---|
| MUUUSDT | Direxion Daily MU Bull 2X Shares (MUU) | 2x daily long Micron Technology | 25x |
| SOXSUSDT | Direxion Daily Semiconductor Bear 3X Shares (SOXS) | 3x inverse NYSE Semiconductor Index | 25x |
| TZAUSDT | Direxion Daily Small Cap Bear 3X Shares (TZA) | 3x inverse Russell 2000 | 25x |
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 following day, Binance listed five more TradFi perpetual contracts :
| Time (UTC) | Ticker | Type | Underlying |
|---|---|---|---|
| 03:00 | MINIMAXUSDT | USDT-priced perpetual | MiniMax (AI company) |
| 03:05 | ZHIPUUSDT | USDT-priced perpetual | Zhipu AI |
| 03:10 | HK0700USDT | Quanto perpetual | Tencent Holdings (HK:0700) |
| 03:15 | HK1810USDT | Quanto perpetual | Xiaomi (HK:1810) |
| 03:20 | TENCENTUSDT | USDT-priced perpetual | Tencent Holdings |
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 .