Binance Futures is taking a new step towards providing users with a wide range of trading options and improving the trading experience.
Binance Futures lists Xplusdt trading pairs
The company announced that it will begin pre-market trading for its XPLUSDT permanent contract at 12:30pm on August 22, 2025. With this new agreement, investors will be able to offer leverage up to five times more.
The underlying assets of the XPLUSDT contract are announced as Plasma (XPL). Plasma is an EVM compatible tier 1 blockchain specially developed for large amounts of low-cost global stubcoin payments. The total supply for the project is 10 billion XPL, with unlimited maximum supply. USDT is used as a settlement asset for transactions.
During the pre-market trading period, the mark price of a contract is calculated per second and determined based on the average of transactions over the past 10 seconds. If there is insufficient transaction during the relevant period, the price of the last 20 transactions will be used as the basis. This method aims to more fair and consistently reflect price fluctuations.
Funding rates are fixed at +0.005% during the pre-market period and fluctuate between +2.00% and -2.00% upon closing of pre-market trading. Funding fees are calculated every four hours.
Binance Futures has also announced that Xplusdt’s permanent contract will support multi-asset mode 24/7. The move is expected to increase access to investors’ new Stablecoin-based payment-focused projects.
*This is not investment advice.
