Binance Futures Will Launch SPCXUSD1 Perpetual Contract on 2026-07-20

According to the announcement from Binance, Binance Futures will launch the SPCXUSD1 perpetual contract on 2026-07-20 09:00 (UTC) as part of its effort to expand trading choices on the platform. The contract is a USDⓈ-M perpetual contract tied to Space Exploration Technologies Corp. (Nasdaq: SPCX) and will settle in USD1. Trading will be available 24/7, with a tick size of 0.01, a minimum trade amount of 0.01 SPCX, and a minimum notional value of 5 USD1. Binance said the contract will support Multi-Assets Mode and have a maximum leverage of 25x. The capped funding rate is set at +1.00% / -1.00%, with funding fee settlement occurring every eight hours and an interest rate of 0%. Binance added that the contract is exempt from the rule that can shorten the funding interval when the previous funding rate reaches the cap or floor, meaning the funding interval will remain every eight hours. The notice was issued under Binance Exchange Rule 17. Binance also said the contract specifications may be adjusted from time to time based on market risk conditions. Those potential changes include funding fee, tick size, maximum leverage, initial margin, and maintenance margin requirements. The exchange said that if there is any discrepancy between this notice and any Futures FAQ, this notice will take priority as the most accurate and updated information. The announcement applies to Binance Futures and does not include additional promotional details. The contract launch was listed in the notice dated 2026-07-17.