Key Takeaways
- • Binance Futures launched three new USDT-margined perpetual futures contracts on July 27, 2026: TMFUSDT (tracking the Direxion Daily 20+ Year Treasury Bull 3X ETF), TBTUSDT (tracking the Direxion Daily 20+ Year Treasury Bear 3X ETF), and BITOUSDT (tracking the ProShares Bitcoin ETF).
- • All three contracts offer up to 25x leverage with a minimum order size of 0.01 units per contract and a minimum notional value of 5 USDT, settling every 8 hours with funding rates capped at ±2.00%.
- • The contracts represent Binance's expansion into tokenized traditional finance derivatives, enabling institutional and retail users to gain leveraged exposure to U.S. Treasury bonds and Bitcoin ETFs through a single crypto exchange.
- • Multi-Assets Mode support allows users to employ a combination of eligible assets as margin, enhancing capital efficiency and flexibility for positions across multiple asset classes.
- • Trading operates 24 hours daily with no automatic adjustment to intra-hour funding intervals, creating consistent settlement cycles regardless of market conditions.
Summary
Binance Futures has expanded its derivatives offerings by launching three perpetual futures contracts tied to traditional finance instruments and cryptocurrency ETFs, marking a strategic integration of institutional-grade TradFi products into its platform. The rollout occurred on July 27, 2026, beginning with TMFUSDT at 13:30 UTC, followed by TBTUSDT five minutes later, and BITOUSDT at 13:40 UTC. All three contracts are USDT-settled and represent Binance's growing appetite for offering leveraged exposure to traditional asset classes alongside digital assets.
TMFUSDT tracks the Direxion Daily 20+ Year Treasury Bull 3X ETF, a 3x leveraged fund that amplifies exposure to 20-year U.S. Treasury bonds. TBTUSDT operates as a bearish Treasury play, tracking the Direxion Daily 20+ Year Treasury Bear 3X ETF. BITOUSDT provides access to the ProShares Bitcoin ETF, bridging spot and derivatives markets for Bitcoin exposure. The simultaneous launch of bullish and bearish Treasury instruments enables traders to construct sophisticated directional or hedging strategies around fixed-income markets.
The contracts support up to 25x leverage, with trading fees settled in USDT and operations running 24 hours daily. The minimum order size is set at 0.01 units per contract with a minimum notional value of 5 USDT. Funding payments occur every 8 hours with rates capped at ±2.00%, and Binance has implemented a 0% interest rate in funding rate calculations. The exchange confirmed that no automatic adjustment mechanism will shift these contracts to one-hour funding intervals, ensuring predictable settlement cycles regardless of market conditions.
A key structural feature is Multi-Assets Mode support, which allows eligible users to designate multiple asset types as margin collateral rather than relying on a single asset for positions. This capability enhances capital efficiency and provides flexibility for institutional traders managing diverse portfolios across traditional and digital assets. The launch reflects broader institutional adoption trends and regulatory accommodation of crypto derivatives tied to mainstream financial products.
TMFUSDT tracks the Direxion Daily 20+ Year Treasury Bull 3X ETF, a 3x leveraged fund that amplifies exposure to 20-year U.S. Treasury bonds. TBTUSDT operates as a bearish Treasury play, tracking the Direxion Daily 20+ Year Treasury Bear 3X ETF. BITOUSDT provides access to the ProShares Bitcoin ETF, bridging spot and derivatives markets for Bitcoin exposure. The simultaneous launch of bullish and bearish Treasury instruments enables traders to construct sophisticated directional or hedging strategies around fixed-income markets.
The contracts support up to 25x leverage, with trading fees settled in USDT and operations running 24 hours daily. The minimum order size is set at 0.01 units per contract with a minimum notional value of 5 USDT. Funding payments occur every 8 hours with rates capped at ±2.00%, and Binance has implemented a 0% interest rate in funding rate calculations. The exchange confirmed that no automatic adjustment mechanism will shift these contracts to one-hour funding intervals, ensuring predictable settlement cycles regardless of market conditions.
A key structural feature is Multi-Assets Mode support, which allows eligible users to designate multiple asset types as margin collateral rather than relying on a single asset for positions. This capability enhances capital efficiency and provides flexibility for institutional traders managing diverse portfolios across traditional and digital assets. The launch reflects broader institutional adoption trends and regulatory accommodation of crypto derivatives tied to mainstream financial products.
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