Binance has announced the launch of the OPENAIUSDT margin Pre-IPO perpetual contract, set to go live at 08:30 (UTC) on May 26, 2026. This new contract will allow traders to engage with OpenAIGroupPBC (OPENAI) stock, offering up to 20x leverage. The contract is based on an estimated total share count of 1 billion shares.
Trading for the OPENAIUSDT contract will be available 24/7, with a fixed funding rate of 0.005% every 8 hours during the Pre-IPO phase. Following this phase, the funding rate will transition to a standard mechanism, providing traders with continuous opportunities to engage with the market.
Binance to Launch OPENAIUSDT Pre-IPO Perpetual Contract with 20x Leverage
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