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Binance Introduces SOMIUSDT Perpetual Futures with 5x Leverage

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by Giorgi Kostiuk

5 hours ago


Binance has announced the launch of the SOMIUSDT perpetual futures contract on its Binance Futures platform, providing users with new trading opportunities.

Launch of SOMIUSDT Contract

Binance Futures, the futures trading platform, has announced the launch of the SOMIUSDT perpetual futures contract for pre-market trading starting at 11:30 a.m. on August 25, 2025.

Contract Features

The new contract will be based on the asset Somnia (SOMI), which is a high-performance, EVM-compatible Layer-1 blockchain. The project focuses on developing mass-market applications, especially in the gaming and entertainment sectors, with a total supply of 1 billion SOMI. The contract will be collateralized with USDT and available for 24/7 trading. Multi-Asset Mode will also be supported. The funding rate will be fixed at +0.005% during the pre-market trading period, after which rates will fluctuate within a range of +2.00%/-2.00%. Funding fees will be collected every four hours.

Investor Warnings

Binance reminded investors that some features of the contract are still under development and advised them to conduct thorough research, as crypto investments carry high risks.

The launch of the SOMIUSDT perpetual futures contract expands trading opportunities on Binance and provides new conditions for investors.

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