Cryptocurrency exchange Binance continues to expand its product range on its futures trading platform. The exchange announced that pre-market trading for the USDⓈ-margined KATUSDT perpetual futures contract will begin on March 2, 2026 at 08:00. The new contract will offer investors leverage of up to 5x.
The underlying asset of the KATUSDT contract will be KAT, the native token of the Katana Network, a decentralized finance (DeFi) focused blockchain. The total and maximum supply of KAT tokens is set at 10 billion, and the consensus asset will be USDT. The minimum transaction amount is 1 KAT, and the minimum denomination is 5 USDT. The price increment (tick size) will be 0.00001.
During the pre-market period, the funding rate will be capped at +0.005%. After the pre-market closes, the funding rate may range between +2.00% and -2.00%. Funding payments will be made every four hours. The mark price in the contract will be calculated every second based on the average of the transaction prices over the last 10 seconds.
The KATUSDT contract will be available for trading 24/7 and will support Multi-Assets Mode. Binance also stated that it reserves the right to make changes to contract details such as funding rate, leverage level, and margin requirements depending on market conditions.
*This is not investment advice.