Binance launches new perpetual trading contracts to expand the product types offered on its futures trading platform and improve user experience.
Binance Futures launches NIGHTUSDT perpetual trading contract
The exchange announced that it will list the USDⓈmargin NIGHTUSDT perpetual contract on December 10, 2025 at 2:00 p.m. The new product offers investors up to 50x leverage, making it an important option for professional traders looking for particularly high volatility.
The underlying asset of the contract is described as Midnight (NIGHT), the native token of the Midnight Network. The project is defined as a privacy-focused next-generation L1 (Layer 1) blockchain network developed by Charles Hoskinson, with the NIGHT token playing a central role in both governance and ecosystem usage.
According to the technical specifications published by Binance, the contract will be collateralized by USDT and the price increment will be set at 0.00001. Funding fees are collected every 4 hours and funding rates are capped at +2% to -2%. Trading hours will be open 24/7, and multi-asset mode will also be supported.
The contract address for the new contract was announced as 0xfe930c2d63aed9b82fc4dbc801920dd2c1a3224f.
Binance says this list increases the diversity of trading options on the platform and creates a more flexible futures trading environment for both retail and professional investors.
*This is not investment advice.
