Binance Futures to Launch BABYUSDT Pre-Market Perpetual Contract with Up to 5x Leverage on April 5

Binance Futures is expanding its trading offerings by introducing the USDⓈ-Margined BABYUSDT perpetual contract, set to go live for pre-market trading on April 5, 2025, at 13:30 (UTC). This new listing provides traders early access to perpetual BABY (Babylon) trading with up to 5x leverage.Key Details of the BABYUSDT Perpetual Contract:ContractBABYUSDTLaunch TimeApril 5, 2025, 13:30 (UTC)Underlying AssetBABY (Babylon)Settlement AssetUSDTMax Leverage5xFunding Rate Cap+2.00% / -2.00%Funding Fee IntervalEvery 4 hoursTrading Hours24/7Multi-Assets ModeSupportedAbout BABY (Babylon)Babylon is a Bitcoin staking protocol designed to connect Bitcoin holders with Bitcoin Secured Networks (BSNs). It enables access to Bitcoin’s expansive and secure community, offering innovative staking mechanisms with enhanced security.Mark Price Calculation (Pre-Market Phase)During Pre-Market:Mark Price = Average of last 10 seconds' trade prices, calculated every second. If fewer than 21 trades occur, it reverts to the average of the last 100 prices.Post Pre-Market Transition:Mark Price = Median (Price 1, Price 2, Contract Price)Binance will notify users when the transition from pre-market to standard perpetual trading begins. Open orders and positions will remain unaffected during this transition.Leverage and Margin Tiers:LeveragePosition (USDT)Maintenance Margin5x0 – 5,00010.00%4x5,000 – 10,00012.50%3x10,000 – 30,00016.70%2x30,000 – 80,00025.00%1x80,000 – 200,00050.00%