Binance Futures has announced that it will launch the USDⓈ-margined NEWTUSDT futures contract on June 19, 2025, with a pre-market phase at 17:30 UTC.
Binance Futures Launches NEWTUSDT Futures Contract with Pre-Market Phase
This new contract aims to expand the platform’s trading options and provide users with greater flexibility by offering a maximum leverage of 5x.
Key Features of the NEWTUSDT Pre-Market Contract
Pre-Market “Mark Price” (Reference Price) Mechanism:
- If 21 or more transactions have occurred in the last 10 seconds, the reference price will be calculated based on the average of these transactions.
- If there are less than 21 trades, the system will use the average price of the last 20 trades.
This method aims to ensure price stability during the pre-market period when liquidity and price discovery are not yet fully established.
What It Means for Investors
The launch of the NEWTUSDT contract with a pre-market phase demonstrates Binance Futures’ commitment to providing innovative product structures and risk-controlled trading environments.
Thanks to precise price control mechanisms and well-defined transition processes, investors will be able to trade more transparently, with low slippage risk and in a secure manner.
Following the official listing of the NEWT token on the spot and derivative markets, this new contract is expected to attract both speculative investors and hedgers.
*This is not investment advice.
