Binance launches PONS and Hajimi futures contracts

• Binance has launched perpetual futures for Pons (CRYPTO:PONS) and Hajimi (CRYPTO:HAJIMI).
• Both contracts use USDT, trade 24/7 and require a minimum notional value of 5 USDT.
• Binance’s announcement contains conflicting information about the maximum leverage available for PONS futures.

Binance has launched perpetual futures for Pons (CRYPTO:PONS) and Hajimi (CRYPTO:HAJIMI) on its futures platform.

The PONSUSDT contract launched at 6:45am UTC on September 6, followed by HAJIMIUSDT at 7:15am UTC.

Both contracts use USDT for settlement, trade around the clock and require at least 5 USDT in notional value.

Binance has set funding payments every four hours, with an initial funding rate cap of plus or minus 2%.

The exchange’s announcement lists up to 20x leverage for PONS, but its contract table lists 3x for both tokens.

Pons is a non-custodial token launchpad built on Robinhood Chain, while Binance describes Hajimi as a Chinese meme coin.

Binance has also said futures listings do not guarantee spot listings, while both contracts are scheduled for copy trading within 24 hours.