Binance Launches U-Margined Perpetual Contracts for SHAZ, SOFI, PANW and PENG
Binance has launched U-Margined perpetual contracts for SHAZ, SOFI, PANW and PENG, adding four new leveraged instruments to its derivatives lineup and giving traders fresh exposure to these assets without holding them on spot. The rollout was confirmed through an official Binance support announcement detailing the addition of the SHAZ, SOFI, PANW and PENG contracts. Each is a USDT-margined perpetual product, meaning positions are collateralized and settled in USDT rather than in the underlying asset. For related coverage, see Bybit Launches SMH, XBI and XLE U.S. Stock Perpetual Contracts.