Binance Futures has added five new USDT-margined perpetual contracts tied to U.S.-listed stocks and leveraged exchange-traded funds, extending its traditional-finance derivatives lineup. The contracts went live on Aug. 25, giving eligible traders round-the-clock access to price exposure with leverage of up to 20x.

Five New TradFi Contracts

The new listings are SKUUUSDT, SKDDUSDT, RAMUSDT, DJTUSDT and MRNAUSDT, introduced in five-minute intervals between 09:00 and 09:20 UTC.

SKUU tracks the GraniteShares 2x Long SK Hynix Daily ETF, while SKDD follows its 2x Short counterpart. SK Hynix is one of the world's largest memory-chip makers and a leading supplier of the high-bandwidth memory used in AI accelerators. RAM references the Roundhill T-REX 2X Long DRAM Daily Target ETF, which targets twice the daily performance of companies tied to dynamic random-access memory. The remaining two contracts track Trump Media & Technology Group, the Nasdaq-listed parent of the Truth Social platform, and Moderna, the biotechnology company behind an mRNA COVID-19 vaccine.

The products carry a set of features designed to mirror Binance's crypto derivatives experience:

• Up to 20x leverage
• USDT settlement
• 24/7 trading
• Minimum notional value of 5 USDT
• Funding settlements every eight hours
• Funding rates capped at plus or minus 2%

As with crypto perpetuals, the contracts have no expiry date, and the periodic funding payments are what keep derivative prices anchored to the underlying reference.

Leverage Adds Another Layer of Risk

The contracts do not confer ownership of the underlying shares or ETFs. Instead, they provide synthetic exposure to price movements through perpetual derivatives.

The structure also introduces additional risks. SKUU, SKDD and RAM are themselves built on leveraged investment strategies with daily resets, so applying 20x leverage on top of those products can significantly magnify both gains and losses. Daily-reset leveraged ETFs are designed to deliver a multiple of a benchmark's single-day return, and their results over longer holding periods can diverge from that headline multiple, a compounding effect known as volatility decay.

The contracts can also trade continuously while their underlying U.S. securities remain closed outside regular market hours. That difference may create price gaps when traditional markets reopen.

The expansion reflects Binance's broader push to bring traditional financial assets into crypto-native derivatives markets. It follows Binance's earlier stock-linked perpetuals on names including Apple, Tesla and MicroStrategy, introduced earlier this summer, and comes as rivals such as Bybit and Kraken have also rolled out tokenized equities or equity-linked derivatives this year. Availability, however, depends on the user's jurisdiction, and Binance's stock perpetuals are not offered in the United States. Binance can adjust leverage, margin and funding parameters based on market conditions.