Cryptocurrency exchange Binance continues to expand its derivatives products. The exchange announced that it will offer a new USDⓈmargin equity-based perpetual futures contract on Binance Futures. Accordingly, the PAYPUSDT Stock Perpetual Contract will begin trading on March 23, 2026 at 5:30 p.m.
The new contract will give investors up to 10x leverage. The PAYPUSDT contract tracks the price of PayPay Corporation’s common stock, ticker symbol PAYP, traded on Nasdaq. This allows investors to access traditional stock price movements through cryptocurrency derivative products.
Tether is used as collateral for contracts and as a settlement asset. The minimum transaction amount is set at 0.01 PAYP and the minimum transaction amount is 5 USDT. Price increments are announced as 0.01.
The funding rate is limited to +2.00% to -2.00%, but the funding fee is calculated and charged to the investor’s account every 8 hours. Additionally, the loan interest rate will be 0%.
This contract can be traded 24/7 and also provides support for multi-asset mode. Binance officials said the new product will allow users to access different asset classes in a more flexible and diverse way.
According to experts, the rise of equity-based products in the cryptocurrency derivatives market could further strengthen the integration of traditional finance and the digital asset ecosystem.
*This is not investment advice.
