Binance, the world’s largest cryptocurrency exchange by trading volume, has officially announced the listing of two new perpetual futures contracts for Pharos (PHAROS) and Star Power (STAR). The contracts will go live on May 14, 2026, with PHAROSUSDT launching at 08:15 UTC and STARUSDT at 08:30 UTC.
The PHAROS perpetual contract will support up to 20x leverage, while the STAR contract will be capped at a more conservative 3x leverage. Both contracts are USDT-settled, with a minimum transaction size of 1 unit and a minimum nominal transaction value of 5 USDT. Funding rates are capped between +2% and -2% and collected every four hours. Binance’s multi-asset mode will also be available for these instruments.
The differing leverage limits reflect Binance’s risk assessment: higher leverage for PHAROS suggests greater perceived liquidity and stability, whereas the 3x cap on STAR indicates a more cautious approach. The move expands Binance’s derivatives suite amid growing demand for leveraged trading products.
Pharos is described as a Layer‑1 network focused on “RealFi” — bringing real‑world assets on‑chain, while Star Power is an energy‑focused protocol addressing global energy supply fluctuations. Both projects have gained community attention recently, and the futures listings are expected to boost liquidity and short‑term volatility for the tokens.
Market experts caution that the highly leveraged PHAROS contract could attract significant speculative interest, increasing volatility risks. As always, Binance advises traders to understand the mechanics of perpetual futures — including funding rates and liquidation thresholds — before engaging.
