Binance Futures said in a Support Center announcement that it will launch a USDⓈ-margined XAGUSDT perpetual contract at 10:00 UTC, offering up to 50x leverage.
The product references silver (XAG) priced in U.S. dollars, with 1 troy ounce as the contract unit, and settles in USDT. Binance set a 0.01 tick size, minimum 0.001 XAG trade size and $5 minimum notional value; the capped funding rate is +2.00%/-2.00%, with funding settled every four hours. Trading is 24/7 and Multi-Assets Mode is supported, subject to applicable haircuts and regional availability.
Binance added that the launch is included in its Futures New Listing Fee Promotion and should be enabled for Futures Copy Trading within 24 hours. The exchange also noted it may adjust specifications, including funding fee, tick size, leverage, and margin requirements, based on market risk conditions.
Source: Binance.
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