Binance Futures Launches NEWTUSDT Futures Contract With 5x Leverage

Generated by AI AgentCoin World
Thursday, Jun 19, 2025 7:43 am ET1min read

Binance Futures has announced the launch of a new USDⓈ-margined NEWTUSDT futures contract, scheduled to go live on June 19, 2025. This initiative is part of the platform's ongoing efforts to expand its trading options and provide users with greater flexibility. The new contract will offer a maximum leverage of 5x, allowing traders to amplify their positions and potentially increase their returns.

The pre-market phase for the NEWTUSDT contract will commence at 17:30 UTC on the launch date. During this phase, a "Mark Price" (Reference Price) mechanism will be implemented to ensure price stability. If 21 or more transactions occur within the last 10 seconds, the reference price will be calculated based on the average of these transactions. If there are fewer than 21 trades, the system will use the average price of the last 20 trades. This mechanism is designed to mitigate the risks associated with low liquidity and price discovery during the pre-market period.

The launch of the NEWTUSDT contract with a pre-market phase underscores Binance Futures' commitment to innovation and risk management. The platform aims to provide a transparent and secure trading environment, with precise price control mechanisms and well-defined transition processes. This will enable investors to trade with low slippage risk and greater confidence.

Following the official listing of the NEWT token on both spot and derivative markets, this new contract is expected to attract a diverse range of investors, including speculative traders and hedgers. The introduction of the NEWTUSDT futures contract is a significant development for the platform, as it expands the range of trading options available to users and enhances the overall trading experience.

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