Binance Futures has announced the launch of a new USDⓈ-margined perpetual contract, QNTXUSDT, tied to Quantinuum Inc. The contract will go live on 29 May 2026 at 08:15 (UTC) as part of Binance’s expanding Pre-IPO derivatives offering.
The new product allows traders to gain exposure to pre-IPO market pricing of Quantinuum shares through a futures-style contract, without owning the actual stock. The contract will settle in USDT and trade 24/7.
Quantinuum Pre-IPO Perps are now live.
Get exposure to Quantinuum before it goes public.
Learn more 👉 https://t.co/6O3Gfy0dK2 pic.twitter.com/YGhivo6q3c
— Binance (@binance) May 29, 2026
What is the QNTXUSDT Pre-IPO contract?
QNTXUSDT is a perpetual futures contract linked to Quantinuum Inc., which is expected to list its common shares on Nasdaq under the ticker “QNT.” Binance uses the symbol “QNTX” for the Pre-IPO version of the asset.
The contract reflects expected market value before the official IPO listing. Trading will be based on Binance’s internal pricing model until a stable market index becomes available after listing.
Key parameters include up to 20x leverage, a minimum trade size of 0.01 QNTX, and a minimum notional value of 5 USDT. Funding fees will apply every eight hours.
How does Pre-IPO pricing and settlement work?
Before the IPO is completed, the contract price is calculated using recent trade activity on Binance’s internal venue. After the official listing, the contract will transition to a standard perpetual futures model linked to real market prices.
Binance said the transition will depend on the availability of stable external pricing data. The exchange also noted that prices may differ significantly from the eventual IPO listing price, and volatility is expected.
What risks do traders need to know?
Binance warned that Pre-IPO contracts carry higher risk than standard futures products due to limited price discovery and potential volatility around IPO events.
The exchange also highlighted that leverage can increase both gains and losses, and liquidation can occur if margin requirements are not met. The company said traders should fully understand the structure before participating, as these contracts do not represent ownership of the underlying shares.
Meanwhile, Binance expanded access to its Institutional Loan service, allowing all KYB-verified VIP users to borrow against crypto holdings while introducing higher leverage, fixed-rate loans, and a new interest rebate program.
Enjoyed this? Bookmark DeFi Planet, explore related topics, and follow us on Twitter, LinkedIn, Facebook, Instagram, Threads and CoinMarketCap Community for seamless access to high-quality industry insights.
Take control of your crypto portfolio with DEFI PLANET PRO, DeFi Planet’s suite of analytics tools
