Binance launches PONS and Hajimi perpetual futures

Binance Futures launched two USDT-settled perpetual contracts on Sept. 6, adding markets for Pons (PONS) and the Chinese meme coin 哈基米, commonly rendered as Hajimi. Summary Binance Futures launched PONSUSDT and HajimiUSDT perpetual contracts on September 6, settled entirely in USDT. Both contracts trade continuously, require five USDT minimum notionals and settle funding every four hours. PONS previously joined Binance Alpha, while neither futures launch guarantees a Binance Spot listing afterward. Binance’s announcement conflicts on PONS leverage, publicly showing both twenty times and three times limits. Hajimi rose about 248% in the initial snapshot, while PONS gained approximately 24% daily. The PONSUSDT contract opened at 06:45 UTC. HajimiUSDT followed at 07:15 UTC, according to Binance’ announcement. Both products allow eligible traders to take leveraged positions without owning the underlying tokens. The launches followed sharp price increases for both assets. At the time of the initial report, PONS traded near $0.891 after gaining about 23.9% over 24 hours. Hajimi was quoted near $0.0584 following an approximately 248.5% increase. Later information on Binance Alpha showed H...