Binance lists new TradFi perpetual futures contracts for seven stocks including Hut 8 and AMC

Binance Futures rolled out seven new USDT-margined perpetual contracts tied to US equities on September 18, adding names like Hut 8, AMC Entertainment, UiPath, Arista Networks, and Cypherpunk Technologies to its growing menu of stock-linked derivatives. The contracts went live in staggered intervals starting at 09:00 UTC, each offering up to 20x leverage and round-the-clock trading. What Binance actually launched The seven new perpetual contracts carry the tickers PATHUSDT (UiPath), AMCUSDT (AMC Entertainment), CYPHUSDT (Cypherpunk Technologies), ANETUSDT (Arista Networks), HUTUSDT (Hut 8), APLDUSDT, and AGPUUSDT. All are denominated in USDT, Tether’s dollar-pegged stablecoin, and reference the underlying equity prices of their respective companies. These are not tokenized stocks. They are perpetual futures contracts, a derivative structure born in crypto that never expires and instead uses periodic funding rate payments to keep prices tethered to the spot market. Funding rates settle every eight hours, with caps set at +2% and -2% per interval. The minimum notional value sits at just 5 USDT. Twenty-times leverage is the ceiling, meaning a $100 position can control $2,000 worth of ...