Binance to Launch KAS 1-50x USDT-Margined Perpetual Contract

·

The cryptocurrency derivatives market continues to expand, offering traders more opportunities to leverage emerging digital assets. In a significant update for traders and investors, Binance has announced the launch of the KASUSDT perpetual contract with up to 50x leverage, marking a pivotal moment for the Kaspa (KAS) ecosystem. This addition strengthens Binance’s position as a leading platform for innovative and high-demand crypto trading pairs.

Scheduled to go live on November 17, 2023, at 10:00 (UTC+8), the KAS 1-50x USDT-margined perpetual contract allows users to trade KAS against USDT with flexible leverage options and round-the-clock availability. As one of the fastest-growing Layer 1 blockchains known for its blockDAG architecture and rapid transaction speeds, Kaspa is gaining traction across decentralized finance (DeFi) and developer communities—making this listing a strategic move to meet rising demand.

Key Features of the KASUSDT Perpetual Contract

The new derivative product brings several advanced features designed to enhance trading flexibility and risk management:

👉 Discover how to start trading high-leverage perpetual contracts today.

This contract operates under Binance’s robust derivatives framework, ensuring liquidity, security, and transparency. The inclusion of multi-asset margin support means traders can use other cryptocurrencies such as BTC or ETH as collateral when trading KASUSDT, subject to valuation discounts—a feature that enhances capital efficiency.

Understanding Funding Rates and Risk Management

One of the critical aspects of perpetual contracts is the funding rate mechanism, which aligns the contract price with the spot market. For the KASUSDT pair, Binance has set an initial funding rate cap at ±2.00%, applied during each 4-hour settlement window starting from:

These rates are designed to prevent excessive volatility and speculative imbalances while allowing healthy market dynamics. Traders should monitor the funding rate history via Binance’s dashboard to make informed decisions about entering or exiting positions.

It's important to note that Binance reserves the right to adjust key parameters—including leverage limits, maintenance margin ratios, and funding rate caps—based on market conditions and risk assessments. Such adjustments ensure platform stability during periods of high volatility.

What Is Multi-Asset Margin Mode?

Multi-asset margin mode allows traders to use a broader range of cryptocurrencies beyond USDT as collateral for their USDT-margined contracts. For example, a trader holding BTC can use it directly to open a leveraged position in KASUSDT without first converting to USDT.

However, non-USDT assets are subject to valuation discounts based on their volatility and liquidity. This means that if BTC is used as collateral, its effective value may be reduced by a certain percentage to account for potential price swings.

This functionality increases capital efficiency but requires careful risk assessment—especially in highly volatile markets.

Why the KAS Listing Matters

Kaspa (KAS) has emerged as a promising player in the blockchain space due to its innovative blockDAG (Directed Acyclic Graph) structure, enabling block generation every second and providing unparalleled scalability. With growing interest from developers and miners alike, integrating KAS into Binance’s suite of tradable derivatives reflects increasing institutional and retail recognition.

By launching a USDT-margined perpetual contract, Binance enables both short-term traders and long-term investors to hedge or speculate on KAS price movements with precision. The 50x leverage option caters to experienced traders seeking amplified exposure, while conservative participants can opt for lower leverage settings.

👉 Learn how top traders manage risk in high-leverage environments.

How to Prepare for KASUSDT Trading

Before diving into the new market, traders should consider the following steps:

  1. Verify Account Status: Ensure your Binance account is verified and eligible for futures trading.
  2. Complete Risk Assessment Quiz: Required for activating futures trading privileges.
  3. Fund Your Futures Wallet: Transfer USDT or other supported assets into your futures account.
  4. Familiarize Yourself with Interface: Practice using Binance’s futures trading interface in testnet mode.
  5. Set Up Risk Controls: Define stop-loss levels and position sizes based on your risk tolerance.

Additionally, understanding key concepts like mark price vs. index price, liquidation mechanics, and fee structures is essential for sustainable trading success.

Frequently Asked Questions (FAQ)

Q: What is a USDT-margined perpetual contract?

A: A USDT-margined perpetual contract is a derivative product where profits and losses are settled in USDT. Unlike quarterly futures, perpetual contracts have no expiration date and rely on funding rates to stay aligned with the underlying asset’s spot price.

Q: Can I use BTC or ETH as margin for KASUSDT trading?

A: Yes. With multi-asset margin mode enabled, you can use various cryptocurrencies—including BTC and ETH—as collateral for your KASUSDT positions. However, these assets are subject to valuation discounts based on volatility.

Q: When does funding occur for KASUSDT?

A: Funding is settled every four hours at 00:00, 04:00, 08:00, 12:00, 16:00, and 20:00 (UTC+8). If you hold an open position at these times, you will either pay or receive funding based on the prevailing rate.

Q: Is there a maximum limit on the funding rate?

A: Yes. The initial funding rate cap is set at +2.00% / -2.00%, helping to mitigate extreme cost fluctuations during volatile market phases.

Q: Can Binance change the contract terms after launch?

A: Yes. Binance may adjust parameters such as leverage, minimum tick size, margin requirements, or funding rules in response to market risks or regulatory considerations.

Q: Where can I view historical funding rates?

A: You can access real-time and historical funding rate data directly through Binance’s futures dashboard under the KASUSDT contract details.

Final Thoughts

The introduction of the KASUSDT 1-50x USDT-margined perpetual contract underscores the growing importance of Kaspa within the broader blockchain ecosystem. For traders, it opens new avenues for strategy development, hedging, and speculation in a market segment poised for further innovation.

As always, trading leveraged products involves significant risk. While high leverage can amplify gains, it also increases the likelihood of liquidation during adverse price movements. Therefore, prudent risk management—such as using stop-loss orders, avoiding over-leveraging, and staying informed—is crucial.

👉 Start exploring advanced trading tools with a secure global platform.

Whether you're bullish on Kaspa’s technological roadmap or looking to capitalize on short-term volatility, having access to a regulated, liquid trading environment gives you a competitive edge. Stay updated with official announcements and continue educating yourself on derivatives mechanics to trade confidently and responsibly.