en.bitcoinsistemi.com
Cryptocurrency exchange Binance continues to expand its derivatives offerings. The exchange announced it will be offering a new USDⓈ-margined equity-based perpetual futures contract on Binance Futures. Accordingly, the PAYPUSDT Equity Perpetual Contract will begin trading on March 23, 2026, at 5:30 PM.
The new contract will offer investors leverage of up to 10x. The PAYPUSDT contract will track the price of PayPay Corporation’s common shares, ticker symbol PAYP, traded on Nasdaq. This will allow investors to access traditional stock price movements through crypto derivative products.
Tether will be used as the collateral and settlement asset in the contract. The minimum transaction amount is set at 0.01 PAYP, while the minimum transaction value will be 5 USDT. The price increment is announced as 0.01.
Funding rates are limited to between +2.00% and -2.00%, while funding fees will be calculated and charged to investor accounts every eight hours. Additionally, the interest rate for funding is set at 0%.
The contract will be available for trading 24/7 and will offer multi-asset mode support. Binance officials stated that this new product will allow users to access different asset classes in more flexible and diverse ways.
According to experts, the rise of equity-based products in crypto derivatives markets could further strengthen the integration between traditional finance and the digital asset ecosystem.
*This is not investment advice.