Binance to Launch OPENAIUSDT Pre-IPO Perpetual Contract on May 26, 2026

According to an official announcement, Binance will launch the OPENAIUSDT margin Pre-IPO perpetual contract at 08:30 (UTC) on May 26, 2026, supporting up to 20x leverage. The contract is based on OpenAIGroupPBC (OPENAI) stock, with an estimated total share count of 1 billion shares. Trading will operate 24/7, with the funding rate fixed at 0.005% every 8 hours during the Pre-IPO phase, after which it will transition to a standard mechanism.