Binance to Launch Dollar and Real Futures on 21st, Up to 100x Leverage

Binance will launch USDBRLUSDT perpetual futures tracking the USD/BRL exchange rate on the 21st at 11 PM. The contract supports up to 100x leverage and 24-hour trading without breaks. Binance announced the release date in an official notice on the 18th, stating that USDT will be used for settlement with a minimum trade size of 0.01 USDBRL and a minimum notional value of 5 USDT. The exchange disclosed it will calculate the index using weighted average prices from third-party data providers during regular forex trading hours, while applying an exponential moving average (EWMA) method on weekends and holidays. Funding rates settle every 8 hours with both upper and lower limits set at 0.375%.