Binance Futures will launch NU and FRHC US stock perpetual contracts with up to 20x leverage.

Binance Futures will list two USDT-margined perpetual contracts tracking U.S. equities on November 12: NUUSDT, based on Nu Holdings Class A shares (NYSE: NU), at 09:30 UTC, and FRHCUSDT, based on Freedom Holding (Nasdaq: FRHC), at 09:45 UTC. Both contracts offer up to 20x leverage, a 0.01 minimum price increment, a 0.01 minimum order size, a 5 USDT minimum notional value, and a ±2% funding rate cap settled every eight hours with a zero interest component. They support multi-asset margin mode and trade 24/7. Binance said the contracts are exempt from the rule that shortens funding settlement from eight hours to one hour when rates hit their caps, and trading parameters, maximum leverage and margin requirements may be adjusted under Binance RIE and RCH rules. The listings extend Binance's tokenized-equity derivatives push, letting crypto traders speculate on U.S. stocks around the clock; watch uptake in open interest and funding rates after launch.