Binance Will List SPCXUSDT Pre-IPO Perpetual Contract on May 21, 2026

Odaily Odaily News According to an official announcement, Binance will list the SPCXUSDTU-margined Pre-IPO perpetual contract on May 21, 2026, at 04:45 (UTC), with a maximum leverage of 5x and supporting a multi-asset mode. The underlying asset of this contract is Space Exploration Technologies Corp. (SPCX), the settlement asset is USDT, the minimum trading quantity is 0.01 SPCX, and the minimum notional value is 5 USDT. The funding rate cap during the Pre-IPO trading period is +0.005% per 8 hours. After the subsequent transition to a standard perpetual contract, the funding rate range will be +2.00% / -2.00%. The copy trading function for this contract will be enabled within 24 hours after listing.