USABinance Futures HYPEUSDC Perpetual Contract launch
Binance Futures will launch the HYPEUSDC USDⓈ-M perpetual contract, based on Hyperliquid (HYPE) and settled in USDC, on 16 November 2026. The announcement lists the contract launch at 08:30 UTC, with a TRXUSDC contract following five minutes later at 08:35 UTC.
What is happening
Binance has published a notice that it will expand the list of trading choices on Binance Futures with two new perpetual contracts. HYPEUSDC, with HYPE (Hyperliquid) as the underlying asset, opens at 08:30 UTC on 16 November 2026. TRXUSDC, with TRX (TRON) as the underlying asset, opens at 08:35 UTC the same day. Both contracts offer up to 75x leverage and trade 24/7.
For HYPEUSDC, the tick size is 0.001, the minimum trade amount is 0.01 HYPE and the minimum notional value is 5 USDC. The funding rate is capped at 2.00% / -2.00%, and funding fees are settled every four hours. By comparison, TRXUSDC has a capped funding rate of 0.4875% / -0.4875% and settles funding every eight hours.
Both contracts support Multi-Assets Mode, which lets users trade across multiple margin assets, subject to applicable haircuts. For example, with the mode activated, BTC can be used as margin. The contracts are also expected to become available for Futures Copy Trading within 24 hours of launch.
Why it matters
A USDC-settled contract gives traders an additional way to take HYPE exposure on Binance Futures alongside existing settlement options. Traders who keep their collateral in USDC, or who use Multi-Assets Mode, may find it more convenient to trade HYPE without converting funds. The relatively high funding rate cap and four-hour funding interval for HYPEUSDC are specifications that holders of open positions should be aware of.
Binance states that contract specifications, including funding fee, tick size, maximum leverage, and initial and maintenance margin requirements, may be adjusted from time to time based on market risk conditions. It also notes that futures and spot listings are not correlated, so a futures listing does not guarantee a listing on Binance Spot. Leveraged products carry significant risk, and traders should review the official specifications before participating.
Key details
- Date: 16 November 2026, 08:30 UTC (HYPEUSDC); the event is dated 08:35 UTC alongside the TRXUSDC launch
- Project: Binance Futures
- Coins: HYPE, USDC, TRX
- Category: Listing
- Status: Confirmed
- Source: Binance official announcement (https://www.binance.com/en/support/announcement/detail/2d89a5966b174a2689ab2c2a15db1757)