Binance Drops a SpaceX Perp, Settles in Trump-Linked USD1 🚀

Binance Futures will list a new USDⓈ-M perpetual contract tied to Space Exploration Technologies Corp. (Nasdaq: SPCX) on July 20, 2026, at 09:00 UTC, with USD1 as the settlement asset. The new instrument, tickered SPCXUSD1, marks the exchange's latest addition to its lineup of traditional finance (TradFi) tokenized products and follows an earlier SpaceX pre-IPO perpetual futures listing launched before the IPO.

The contract will trade 24 hours a day with a minimum order size of 0.01 SPCX, a minimum notional value of USD1, and a tick size of 0.001. Traders can use leverage of up to 25x, and the contract will support Multi-Assets Mode, allowing eligible users to post multiple collateral assets where permitted by the platform. Funding will occur every eight hours, with funding rate caps set at +1.00% and −1.00%, and a 0% interest rate on the product.

USD1 is the stablecoin associated with World Liberty Financial, the Trump-linked venture. The choice of USD1 as the settlement asset ties the new contract to that issuer at a moment when Binance is broadening its TradFi-tokenized offerings. The exchange previously rolled out pre-IPO SpaceX perps ahead of the company's public listing.

Binance stated that the contract will not be based on the contract mechanics used for its existing stock token perpetual futures, according to the announcement. The instrument will be governed by the exchange's SpaceX perpetual futures framework, which Binance introduced alongside the earlier pre-IPO product. Further details on settlement, margining, and risk parameters are specified in the exchange's published contract specifications.