Binance silver perpetual contracts debut with up to 50x leverage
Binance has rolled out silver perpetual futures under the ticker XAGUSDT, giving crypto traders direct, leveraged exposure to silver prices on its always-on derivatives platform. The launch allows users to trade silver without leaving the crypto ecosystem, blending traditional commodities with digital-asset infrastructure in a 24/7 market environment.
The contract offers leverage of up to 50x, uses USDT for margin and settlement, and requires a minimum notional value of just 5 USDT, making it accessible to smaller traders. A built-in funding rate mechanism helps align the perpetual contract’s price with the underlying spot silver market, supporting tighter tracking and smoother price discovery.
Binance rolls out XAGUSDT perps
The new USDT-margined contract went live at 10:00 UTC on Jan. 7. According to Binance’s announcement, funding settles every four hours with a ±2% cap, and the Multi-Assets Mode allows select crypto collateral (with haircuts) where supported. The contract represents 1 troy ounce of silver priced in USD. Binance says the product will be available for Futures Copy Trading within 24 hours of launch.
Contract specs at a glance (XAGUSDT)
Max leverage: 50x
Margin/settlement: USDT
Min trade amount: 0.001 XAG
Min notional: 5 USDT
Funding: Every 4 hours, ±2% cap
Launch time: 2026-01-07 10:00 UTC
Why now? Precious metals’ breakout year
The launch follows a year in which silver rallied ~147% and notched record highs above $83/oz late in 2025, buoyed by safe-haven flows and industrial demand (notably solar and electronics). Gold also surged ~64% in 2025. Those moves have drawn crypto-native traders toward metals perpetuals as a way to diversify beyond digital assets while staying within crypto market infrastructure. Reuters+2Trading Economics+2
From gold to silver: Binance’s expanding metals suite
Binance listed gold (XAUUSDT) perpetuals in December 2025, paving the way for silver. The exchange also highlights periodic funding-rate updates and four-hour settlement schedules across many USDⓈ-M perps. Binance+1
Risks and considerations for leveraged metals trading
Perpetuals allow leveraged long/short exposure without expiry, but high leverage amplifies gains and losses. Funding-rate dynamics, cross-asset collateral, and thin liquidity during off-hours can add volatility. Traders should understand liquidation thresholds, haircuts, and how index prices are constructed before using 50x leverage.
Getting started with Binance silver perpetual contracts
Silver perps on Binance function like other USDⓈ-M contracts: positions are margined in USDT, marked-to-market continuously, and subject to four-hour funding. At launch, Futures Copy Trading eligibility is expected within 24 hours, giving users a mirrored-trading option (with typical copy-trading risks)
Context & Analysis
The listing extends Binance’s “TradFi-style” instruments within crypto venues, reflecting user demand for RWA-linked exposure without leaving exchange rails. If metals volatility persists and liquidity deepens, spreads and funding may normalize; otherwise, four-hour funding and thin off-session liquidity could produce whipsaws around macro headlines (rates, inflation, industrial policy).
Concluding Remarks
Binance’s silver perpetual contracts offer round-the-clock crypto traders a straightforward way to gain leveraged exposure to silver, using familiar margin and funding structures. By integrating a traditional metal into its derivatives lineup, the exchange enables traders to access silver price movements without stepping outside the crypto ecosystem.
Following a standout year for metals in 2025, the launch expands both hedging and speculative strategies for market participants. However, the use of leverage, ongoing funding payments, and reliance on USDT collateral mean disciplined risk management remains essential to navigate volatility and protect capital effectively.
FAQs
Q : What are Binance silver perpetual contracts?
A : These are perpetual futures on silver (XAGUSDT) with no expiry date. They offer up to 50x leverage, use USDT for margin and settlement, and apply a four-hour funding mechanism.
Q : When did XAGUSDT perps launch on Binance?
A : The contracts launched on Jan. 7, 2026 at 10:00 UTC.
Q : What is the funding rate and frequency?
A : Funding is settled every four hours, with a launch cap of ±2%.
Q : Why add silver now?
A : Silver was among the top-performing assets in 2025, rising nearly 147% and hitting record highs above $83 per ounce, driving demand for metals exposure.
Q : Can I copy trade silver perps?
A: Binance says Futures Copy Trading support is expected within 24 hours of launch.
Q : How risky is 50x leverage on metals?
A : Extremely risky. Even small price moves can trigger liquidations, so traders must understand funding, margin requirements, and stop strategies.
Q : Are gold perpetuals available too?
A : Yes. XAUUSDT gold perpetual contracts were listed in December 2025.
Facts
Event
Binance launches silver (XAGUSDT) USDT-margined perpetual contracts with up to 50x leverageDate/Time
2026-01-07T10:00:00+00:00 (launch) / 2026-01-07T00:00:00+05:00 (local verification reference)Entities
Binance Futures; Silver (XAG); Tether (USDT)Figures
Max leverage 50x; min notional 5 USDT; funding every 4 hours, ±2% cap; 2025 silver performance ~147%; late-2025 records ~$83+/ozQuotes
“XAGUSDT Perpetual Contract… represents 1 troy ounce of silver… capped funding rate +2.00% / -2.00%… minimum notional 5 USDT.” Binance announcementSources
Binance Support (announcement) + URL; CoinDesk coverage + URL. Binance+1