Binance announced it will launch a new contract for Espresso (ESP) to increase product diversity on its futures trading platform.
According to the official announcement, Binance Futures launched pre-market trading for the USDⓈ-M ESPUSDT perpetual futures contract on February 10, 2026, at 11:10 AM. Users will be able to use leverage of up to 5x on this contract during this period.
According to information shared by Binance, the underlying asset for the ESPUSDT contract will be Espresso (ESP). Espresso is described as a high-performance base layer designed for the rollup ecosystem. The project aims to make Layer-2 transactions more secure, faster, and seamless for users.
The contract will use USDT as the collateral and settlement unit. The tick size of the contract is set at 0.00001, while the minimum transaction amount is 1 ESP. The minimum notional value is 5 USDT.
Binance stated that the mark price will be recalculated every second based on the average of the transaction prices over the last 10 seconds. A special structure will also be applied to funding rates. During the pre-market period, the upper limit for the funding rate will be set at +0.005%, while after pre-market trading ends, the funding rate limit will expand to a range of +2.00% / -2.00%. Funding fee settlement will be performed every 4 hours.
The new ESPUSDT contract will be available for 24/7 trading on Binance Futures and will offer Multi-Assets Mode support. Binance warned users to implement risk management practices, especially against volatility in newly listed products.
*This is not investment advice.