Catenaa, Sunday, January 04, 2026-Binance said it will launch a BREVUSDT perpetual futures contract on its derivatives platform, expanding trading options for users with a new product tied to the Brevis token.
Pre-market trading for the contract is scheduled to begin at 10:45 UTC on Tuesday, according to a statement from Binance.
Traders will be able to access leverage of up to five times, with USDT serving as the settlement asset.
The underlying asset, Brevis, is a smart verifiable computing platform focused on scalable and trustless computation across blockchain, data, and artificial intelligence systems. The total supply of BREV tokens is capped at 1 billion.
During the pre-market phase, Binance said the mark price will be calculated using the average of the last 10 seconds of executed trade prices and updated every second. Price movements will be limited by a cap of plus or minus 1% to reduce volatility during the initial trading period.
The funding rate for the pre-market stage is set at 0.005% every four hours, with adjustments possible based on market conditions.
After pre-market trading ends, the contract will shift to standard perpetual futures rules, with funding rates ranging between minus 2% and plus 2%.
Binance said the transition from pre-market trading to the standard perpetual contract will take place gradually, depending on the availability of a stable spot market index price.
During this process, the mark price methodology will move to the standard calculation based on the median of multiple price references.
The exchange said trading will continue uninterrupted during the transition, and existing orders and positions will remain open. Binance added that the BREVUSDT contract will be included in its new listing fee promotion program and will become available for futures copy trading within 24 hours of launch.
