Binance to List Niu Lai USDT Perpetual with 10x Leverage
Binance Futures will launch a USDⓈ-M perpetual contract for meme coin Niu Lai on 2026-08-30 at 11:30 UTC, with up to 10x leverage.
Source-checked briefing: prepared from the official notice cited below and checked for source, date, duplication, and risk language. No individual editor review is claimed. Methodology
Binance announced the launch of a new USDⓈ-M perpetual contract for Niu Lai, a Chinese meme coin, on 2026-08-30 at 11:30 UTC. The contract will be settled in USDT, support up to 10x leverage, and be available for Futures Copy Trading within 24 hours of launch. The announcement does not require any action from users; it is informational. Binance may adjust contract specifications based on market risk conditions.
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Binance Futures will launch the Niu Lai USDT perpetual contract on 2026-08-30 at 11:30 UTC.
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The contract is USDⓈ-M, settled in USDT, with up to 10x leverage.
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Tick size is 0.00001, minimum trade amount is 1 Niu Lai, and minimum notional value is 5 USDT.
Key timeline
Announcement published.
Niu Lai USDT perpetual contract launch.
Futures Copy Trading availability (within 24 hours of launch).
Who may be affected
- Binance Futures users who trade USDⓈ-M perpetual contracts.
- Users interested in trading meme coin derivatives.
- Users who use Futures Copy Trading.
Impact analysis
The launch adds a new trading pair on Binance Futures, expanding the platform's derivative offerings. Direct operational consequences include the availability of a new perpetual contract with specific parameters: USDT settlement, 10x max leverage, 0.00001 tick size, and a minimum notional of 5 USDT. The funding rate cap of ±2% and four-hour settlement frequency are standard for Binance Futures. Multi-Assets Mode allows using other assets like BTC as margin, subject to haircuts. The contract will be integrated into Futures Copy Trading within 24 hours, affecting copy traders who follow strategies involving this pair. Binance retains the right to adjust contract specifications, which could impact traders' margin and leverage. No other operational changes are announced.
What the announcement does not say
The announcement does not disclose the contract's initial margin or maintenance margin rates, nor the specific haircuts for Multi-Assets Mode. It also does not specify whether the token will be listed on Binance Spot, and regional availability is not detailed.
Risk notes
- The underlying asset is a meme coin, which may have high volatility and liquidity risk.
- Leverage up to 10x can amplify both gains and losses.
- Binance may adjust contract specifications at any time, affecting trading conditions.
- Futures listing does not guarantee spot listing, so price discovery may differ.
- The announcement does not address security or safety of funds; users should follow Binance's standard risk disclosures.
- This article is for informational purposes only and does not constitute investment or trading advice.
This article is for information only and is not investment, legal, or tax advice. Digital assets are volatile and may result in loss of principal.
Frequently asked questions
When will the Niu Lai USDT perpetual contract be available?
It will launch on 2026-08-30 at 11:30 UTC.
Will this token be listed on Binance Spot?
The announcement states that futures and spot listings are not correlated, and a futures listing does not guarantee a spot listing.
Can I use other assets as margin?
Yes, Multi-Assets Mode is supported, allowing use of assets like BTC as margin, subject to applicable haircuts.
Official sources
Collected material is used only for fact checking. If this page differs from the original announcement, the official page controls.