Binance announced the launch of two new USD-margined perpetual futures contracts on December 31, 2025.
The exchange added COLLECTUSDT and MAGMAUSDT perpetual contracts with up to 20x leverage.
COLLECTUSDT trading began at 13:15 UTC, followed by MAGMAUSDT at 13:30 UTC.
Both contracts settle in USDT with funding rates capped at +2% to -2%.
What Happened
Collect on Fanable serves as the underlying asset for COLLECTUSDT, representing a blockchain-powered marketplace for physical collectibles including Pokemon cards, comic books, and figurines.
The platform secured $11.5 million in backing from Michael Rubin's Fanatics, Ripple, Polygon, and other investors.
Magma Finance powers the MAGMAUSDT contract as a decentralized liquidity protocol on the Sui blockchain featuring an AI-driven Adaptive Liquidity Market Maker.
The protocol recently raised $6 million in strategic funding led by HashKey Capital and ranked first at Sui Demo Day.
Funding fees are calculated and collected every four hours for both contracts.
Trading operates 24/7 with multi-asset mode supported.
The contracts are part of Binance's New Listing Fee Promotion campaign.
Both pairs will be available for Futures Copy Trading within 24 hours of launch.
Read also: Arthur Hayes Sells $5.5M In ETH To Buy DeFi Tokens Down 60%-90% Year-Over-Year
Why It Matters
The COLLECT listing provides traders exposure to the emerging tokenized physical collectibles sector.
Fanable has processed over 20,000 sales transactions with 100% monthly growth rates since launch.
Magma Finance addresses capital inefficiency in DeFi through concentrated liquidity mechanics and automated rebalancing.
The protocol's total value locked surged from $2 million to $3.7 million within one week of operations.
Binance's addition of these contracts reflects growing institutional interest in real-world asset tokenization and Sui ecosystem DeFi infrastructure.
High leverage trading carries substantial risk despite providing increased trading alternatives.
The Sui blockchain's high throughput and low fees enable Magma's AI-driven strategies that would be economically unviable on higher-cost networks.
Read next: Shiba Inu Sees 204 Billion Token Exchange Outflow On December 31 Amid Year-End Trading
