Binance's HANA Futures: 50x Leverage Offset by Strict Risk Management

Binance Alpha will launch trading for Mira Network (MIRA) and Hana Network (HANA) on September 26, 2025, according to an announcement. Eligible users can claim airdrops via Binance Alpha Points on the Alpha event page following the launch. The listing includes spot trading and perpetual futures contracts for HANA, with the perpetual contracts offering up to 50x leverage and a funding rate cap of ±2.00%. Funding fees for HANAUSDT perpetuals will be settled every four hours. Binance reserves the right to adjust contract specifications, including leverage and margin requirements, based on market risks.

The airdrop details emphasize user participation through Binance Alpha Points, with redemption deadlines specified to ensure timely claims. For HANA, the exchange has outlined specific trading parameters, including the 50x leverage maximum and funding rate structure, which aim to provide flexibility for traders while managing risk exposure.

Binance’s decision to list both MIRA and HANA aligns with its strategy to expand its product offerings in emerging blockchain networks. The inclusion of futures trading for HANA underscores the exchange’s focus on providing diverse derivatives options for high-demand assets. The funding rate mechanism, tied to the 4-hour settlement cycle, reflects a balance between incentivizing liquidity provision and mitigating volatility risks.

The announcement also highlights Binance’s dynamic approach to market conditions, as noted in its reservation to adjust contract specifications. This flexibility allows the exchange to respond to real-time trading volumes, price fluctuations, and systemic risks, ensuring the stability of its derivatives market.

For users, the airdrop initiative serves as a strategic incentive to engage with the Alpha platform, leveraging Binance Alpha Points as a reward mechanism. The requirement to redeem airdrops within a specified timeframe reinforces urgency and participation.