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Binance Futures has launched USDT-margined perpetual contracts tracking Coca-Cola and Reddit shares, adding two U.S. equities to its TradFi derivatives lineup. KOUSDT opened at 09:00 UTC on August 6, followed by RDDTUSDT five minutes later.
Both contracts trade around the clock, settle in USDT and support leverage of up to 20x. They provide price exposure to the underlying shares but do not give traders ownership, dividends or voting rights in either company.
KOUSDT and RDDTUSDT Trade 24/7 with 5 USDT Minimums
KOUSDT tracks Coca-Cola common stock listed on the New York Stock Exchange. RDDTUSDT follows Reddit Class A common stock, which is also listed on the New York Stock Exchange.
Binance set the minimum trade size at 0.01 units for each contract and the minimum notional order value at 5 USDT. Both products use a tick size of 0.01 and support Multi-Assets Mode.
The contracts remain available through weekends and overnight periods rather than following the operating hours of the underlying stock exchanges. Access is restricted by jurisdiction, and Binance said the products may not be available in every region.
Funding Remains on an Eight-Hour Schedule With a ±2% Cap
Funding payments for KOUSDT and RDDTUSDT settle every eight hours. Binance capped the funding rate at plus or minus 2% and set the interest-rate component used in the funding calculation at zero.
The contracts are exempt from Binance’s rule allowing funding intervals to shorten from eight hours to one hour after the previous funding settlement reaches its cap or floor. Their eight-hour funding schedules will therefore remain unchanged under those conditions.
Binance Expands Stock-Linked Perpetuals With Coca-Cola and Reddit
The additions continue Binance Futures’ expansion into traditional financial assets. Recent launches have included perpetual contracts tracking PayPal, Goldman Sachs and the VanEck Semiconductor exchange-traded fund, each with similar USDT settlement and 24-hour trading features.
Binance may adjust funding terms, tick sizes, maximum leverage and margin requirements in response to market risk conditions. KOUSDT and RDDTUSDT are now trading, giving eligible users continuous leveraged exposure to Coca-Cola and Reddit price movements through Binance’s futures platform.
