What To Know:
- Binance Futures will launch pre-market trading for the KITEUSDT perpetual contract on October 29, 2025, at 10:30 UTC, offering up to 5x leverage before transitioning to a standard 50x contract.
- The KITE token, native to Kite AI, powers a blockchain network for autonomous AI payments and is currently trading at $0.061461 after a 1.4% weekly gain.
- Binance will include the contract in its New Listing Fee Promotion and Futures Copy Trading, while cautioning users about risks tied to crypto derivatives and developing project features.
Binance Futures has announced the listing of pre-market trading for the USDⓈ-Margined KITEUSDT perpetual contract. The pre-market phase will go live on October 29, 2025, at 10:30 UTC, with a maximum leverage of up to 5x.
Binance Futures to Launch KITEUSDT Perpetual Contracts
The KITEUSDT contract will be denominated and settled in USDT. Once pre-market trading concludes and the market stabilizes, the instrument will transition into standard perpetual trading with leverage available up to 50x, according to the exchange’s official announcement.
KITE is the native crypto of Kite AI, a blockchain project developing infrastructure for autonomous AI payments. The network enables AI agents to transact directly using stablecoins, incorporating verifiable digital identities and programmable governance mechanisms. The token has a total supply of 10 billion KITE. It is currently trading at $0.061461, after a surge of 1.4% in 7 days.
The product will be made available for Futures Copy Trading within 24 hours of launch, and it will be included in the Binance Futures New Listing Fee Promotion campaign.
Binance emphasized that certain product features of the KITE project remain under development and that the token’s current utility may be limited. The exchange cautioned that all cryptocurrency derivatives trading involves high risk and urged users to conduct thorough research before participating.
During the pre-market period, the mark price of the contract will be calculated as the average of the last ten seconds of trade prices, refreshed every second. If fewer than 21 trades occur during that interval, the average will be drawn from the last 20 trade prices. Binance will also impose a ±1% price cap on per-second fluctuations to reduce volatility and protect traders during early sessions.
Pre-market trading will feature a funding rate capped at +0.005% per funding interval, with settlements occurring every four hours. After the pre-market phase ends, funding will revert to standard perpetual rules, where the rate can fluctuate between +2.00% and -2.00%. The rates also depend on market conditions. Binance noted that funding and interest rates may be adjusted periodically to reflect broader market movements.
Once the token establishes a stable index price in spot markets, Binance will begin converting the pre-market contract into a standard perpetual futures contract. The transition will take place gradually, and will make sure no disruption to open orders or active positions. During this, mark prices will begin to match with the standard median-based formula used across Binance Futures.
Binance also confirmed that trading will continue uninterrupted during the conversion process. Also a stricter maximum price limit may be applied to manage risk.
Leverage tiers will depend on position size. Smaller trades can access higher leverage, while larger positions will face higher maintenance margin requirements. The contract will also support Multi-Assets Mode, allowing traders to use collateral such as BTC to fund margin positions, subject to Binance’s haircut rules.
It also clarified that the launch of a futures contract does not guarantee a spot market listing for the same asset. Futures and spot listings operate independently based on different criteria.
The pre-market model has become a growing feature across crypto platforms and gives traders early exposure to new cryptos before official spot listings.
By limiting price swings and applying conservative funding terms, the platform aims to give a more stable environment for traders interested in early-stage trading opportunities.
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