The IPUSDT perpetual contract is based on Story (IP), a native Proof-of-Stake (PoS) Layer-1 blockchain specifically designed for intellectual property (IP). Traders will be able to open and close positions using USDT as collateral. The minimum tick size for this contract is set at 0.00001, while the maximum funding rate is +2.00% / -2.00%. Funding fees will be settled every four hours, and trading will be available 24/7.

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Additionally, Binance’s Multi-Assets Mode will be applicable to this contract. This feature allows traders to use different assets, such as BTC, as collateral when trading the IPUSDT perpetual contract. However, Binance may adjust contract specifications, including funding fees, tick size, maximum leverage, initial margin, and maintenance margin, based on market risk conditions.

Binance also emphasizes that a token listed on Binance Futures does not guarantee its listing on the spot market. Users must trade under Binance’s Terms of Use and the Binance Futures Service Agreement.

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