Binance Futures has expanded its tokenized traditional finance product lineup with the launch of three new USDⓈ-M perpetual contracts linked to US Treasury bond exchange-traded funds (ETFs) and the ProShares Bitcoin ETF.
The new contracts began rolling out on July 27 under Binance Exchange Rule 17, giving traders access to tokenized exposure to traditional financial products through crypto derivatives.
Binance Futures launches three tokenized ETF perpetual contracts
The rollout started with TMFUSDT at 13:30 UTC. The contract tracks the Direxion Daily 20+ Year Treasury Bull 3X ETF, a leveraged fund tied to the performance of long-term U.S. Treasury bonds.
Five minutes later, Binance introduced TBTUSDT, which follows the ProShares UltraShort 20+ Year Treasury ETF, allowing traders to take a bearish position on long-term U.S. Treasury bonds. At 13:40 UTC, the exchange listed BITOUSDT, a perpetual contract linked to the ProShares Bitcoin ETF.
All three contracts are settled in USDT, trade around the clock and offer leverage of up to 25x.
Binance set the minimum order size at 0.01 contracts, while each order must have a minimum notional value of 5 USDT. Funding payments will be settled every eight hours, with funding rates capped between +2.00% and -2.00%. The exchange also confirmed that the interest rate used in the funding formula has been set to 0%.
Listing becomes push for global liquidity amid strict regulatory limits
The listing also shows the growing gap between global crypto exchanges and US-regulated trading platforms. While brokers like Robinhood operating in the United States face strict regulatory limits around leveraged products and the use of crypto as collateral, Binance continues to expand access to tokenized traditional finance products for users outside the US.
By introducing perpetual contracts tied to US Treasury and Bitcoin ETFs, the exchange is targeting global retail liquidity, particularly in emerging markets where access to US financial products can be limited or expensive. Traders can gain exposure to these instruments using USDT without opening a traditional brokerage account or moving funds through conventional financial channels.
Meanwhile, Binance has placed Across Protocol (ACX), Lisk (LSK) and Stacks (STX) under its Monitoring Tag after completing its latest review of listed digital assets, putting the three cryptocurrencies under closer scrutiny for potential listing risks.
Contracts trading conditions users should know
Binance said the new contracts support Multi-Assets Mode, allowing eligible users to use different approved assets as trading margin instead of relying on a single asset.
The exchange also clarified that these contracts will not use its funding interval adjustment mechanism. Funding settlements will remain on a fixed eight-hour schedule and will not automatically switch to one-hour intervals.
Binance added that trading conditions, including leverage limits, funding rates, tick size and margin requirements, may be adjusted depending on market conditions. The exchange also noted that the listing announcement takes precedence over any conflicting information contained in its Futures FAQ for these contracts.
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