Overview
- Binance introduced XAUUSDT and XAGUSDT perpetual contracts that trade continuously with no expiry and settle in USDT.
- The contracts are issued by Nest Exchange Limited, a Binance entity regulated by ADGM’s FSRA as a Recognized Investment Exchange.
- Key terms include up to 50x leverage, a 5 USDT minimum notional, and funding payments every four hours capped at ±2%.
- Multi‑assets mode allows crypto collateral such as bitcoin with haircuts, and the contracts will be enabled for futures copy trading within 24 hours of launch.
- Binance cites strong precious‑metals demand and says more TradFi pairs are planned, with industry reporting noting it is the first major exchange to list silver perpetuals.