Global cryptocurrency exchange Binance has announced the expansion of its derivatives offerings with the launch of pre-market trading for the MEGAUSDT perpetual futures contract. The contract, which is based on the MegaETH (MEGA) token, is scheduled to begin trading in its pre-market phase on January 30, 2026, at 15:15 (UTC).
The new contract will offer traders leverage of up to 5x and will be settled in USDT. The underlying asset, MegaETH, is described as a high-performance, EVM-compatible Layer 2 blockchain project aiming to deliver Web2-level real-time transaction speeds. The total and maximum supply of MEGA is capped at 10 billion tokens.
According to the technical specifications released by Binance, the minimum transaction amount for the contract is 1 MEGA, with a minimum denomination of 5 USDT. The price increment is set at 0.00001. The mark price will be calculated every second by averaging the transaction prices from the last 10 seconds. Funding fees will be collected every four hours, with a capped rate of +0.005% during the pre-market phase. After this phase concludes, the funding rate will operate within a standard range of +2% to -2%. The contract will be available for trading 24/7 and will support multi-asset mode.
Binance officials highlighted that pre-market trading provides investors with early access to new projects but cautioned that volatility can be high during this period, emphasizing the importance of risk management. The exchange has implemented its standard suite of risk management features for the contract, including auto-deleveraging protection, insurance fund coverage, and a mark price system to prevent unnecessary liquidations.
This strategic move continues Binance's pattern of introducing innovative financial instruments and solidifies its position in the cryptocurrency derivatives market, where it frequently reports daily volumes exceeding $30 billion. The listing allows for earlier price discovery ahead of a potential official spot market listing for MEGA.
