Binance to list USDC perpetual contracts for HYPE and TRX
Original headlineBinance 将上线 HYPE 和 TRX 的 USDC 永续合约
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Binance Futures will list USDC-margined perpetual contracts for HYPE and TRX on November 11, with HYPEUSDC going live at 17:30 Beijing time and TRXUSDC at 17:35, both offering up to 75x leverage. The contracts settle in USDC, with HYPEUSDC funding settled every four hours and TRXUSDC every eight hours, and copy trading for both opening within 24 hours of launch. The listings expand Binance's USDC-settled derivatives lineup beyond the dominant USDT-margined market, giving traders leveraged exposure to Hyperliquid's HYPE token and Tron's TRX. The move matters as it deepens liquidity and hedging options for two widely traded assets and could signal growing exchange competition around USDC-based perpetuals. Traders will watch initial open interest, funding rate levels and whether the 75x leverage attracts volumes comparable to existing USDT contracts.
Muhabbit's AI wrote this summary in its own words from TechFlow's report and translated it from Chinese. It can get details wrong, so check the source.
Named in this story
Binance, HYPE (HYPE), TRX (TRX), USDC
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