Can Ahmet 
Binance, a leading cryptocurrency exchange, has announced an important addition to its futures trading platform. In an effort to enhance user experience and expand trading options, Binance has made a significant announcement regarding its futures offerings.
Binance Futures will launch the SONICUSDT Perpetual Contract with 75x leverage, effective January 8, 2025, at 07:00 UTC.
SONICUSDT Perpetual Contract Specifications
The specifications for this futures contract are as follows:
- Altcoin: Sonic SVM (SONIC)
- Trading Pair: SONICUSDT
- Launch Time: January 8, 2025, 07:00
- Maximum Leverage: 75x
- Funding Rate Range: +2.00% / -2.00%
- Funding Fee Calculation Frequency: Every four hours
- Trading Hours: 24/7
Understanding Sonic SVM
Sonic SVM (SONIC) is a chain extension built on Solana, designed to support games, applications, and notably, the industry’s first TikTok application layer. This project aims to provide a faster and more efficient infrastructure for both developers and users by leveraging Solana’s innovative features.
For more comprehensive information, users are encouraged to refer to the official announcement published by Binance.
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