Binance Futures to List GIGADEVUSDT Perpetual Contract on August 3, 2026
Binance Futures announces the launch of the GIGADEVUSDT perpetual contract on August 3, 2026, with GigaDevice H-shares as the underlying asset. This article summarizes confirmed official information, items users need to verify, and details to be clarified.
Binance Futures announced that it will list the GIGADEVUSDT perpetual contract on August 3, 2026, at 05:30 (UTC), with the underlying asset being GigaDevice H-shares (HKEX code 3986), priced and settled in USDT. Existing users do not need to take immediate action regarding account security or service continuity, but if they plan to trade this contract, they must confirm their account status, risk tolerance, and local regulatory compliance. The announcement does not mention any mandatory migration or account changes.
Key facts
- Contract type: USDT-margined perpetual contract, underlying asset is GigaDevice H-shares (HKEX code 3986).
- Listing time: August 3, 2026, 05:30 (UTC).
- Minimum tick size: 0.01 USDT; minimum trading quantity: 0.01 GIGADEV; minimum notional value: 5 USDT.
- Funding rate cap/floor: +2.00% / -2.00%; settled every 8 hours, with an interest rate of 0%.
- Maximum leverage: 20x; trading hours: 24/7; supports Multi-Assets Mode.
- This contract is exempt from Binance Rule 8.1 (funding rate interval adjustment), meaning that when the funding rate hits the cap or floor, the settlement interval will not be shortened from 8 hours to 1 hour.
- Binance may adjust contract parameters based on market risk conditions, including funding rate, minimum tick size, maximum leverage, initial margin, and maintenance margin.
Key timeline
Binance publishes announcement of the upcoming listing of the GIGADEVUSDT perpetual contract.
GIGADEVUSDT perpetual contract goes live for trading.
Who may be affected
- Users trading on the Binance Futures platform, particularly those interested in GigaDevice H-share prices.
- Users using Multi-Assets Mode, which is supported by this contract.
- Users subject to geographical restrictions, as the announcement notes that products and services may not be available in all regions.
Impact analysis
The launch of this contract provides Binance Futures users with a new trading instrument, but the impact depends on whether users choose to participate. For existing users, no immediate action is required, but they should be aware of the risk that contract parameters (such as funding rate and leverage) may be adjusted. The underlying asset is a Hong Kong stock, and its price volatility may be affected by market factors, but the announcement does not provide any price predictions. Users should assess risks themselves and ensure compliance with local regulations.
What the announcement does not say
The announcement does not specify whether the contract is available to users in all regions, nor does it mention specific margin requirements (initial and maintenance margin ratios). Additionally, it does not disclose the liquidity of the underlying asset (GigaDevice H-shares) or the actual trading volume after listing. The specific calculation method of the funding rate (other than the interest rate being 0%) is not detailed.
Risk notes
- Contract trading carries high risk, and leverage can amplify losses.
- The funding rate can be positive or negative, affecting holding costs.
- Binance may adjust contract parameters at any time, including leverage and margin requirements.
- The underlying asset is a Hong Kong stock, which may be affected by market volatility and regulatory policies.
- Users should ensure they understand the perpetual contract mechanism and manage risks carefully.
- This article is only for verifying the exchange's official announcement 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
What is the underlying asset of the GIGADEVUSDT perpetual contract?
The underlying asset of this contract is the H-shares of GigaDevice Semiconductor Inc., listed on the Hong Kong Stock Exchange with the stock code 3986.
How is the funding rate settled for this contract?
The funding rate is settled every 8 hours, with an interest rate of 0%, and a cap and floor of +2.00% and -2.00%, respectively. When the funding rate hits the cap or floor, the settlement interval will not be adjusted.
Do existing users need to take any action?
Existing users do not need to take immediate action regarding account security or service continuity. However, if they plan to trade this contract, they should ensure their account status is normal and comply with local regulations.
Official sources
Collected material is used only for fact checking. If this page differs from the original announcement, the official page controls.