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. Continue Reading: Binance Futures Announces Listing of a New Altcoin Trading Pair with 5x Leverage! Here Are the Details
