KuCoin has announced the launch of the PAYPUSDT perpetual contract, set to go live on March 23, 2026, at 14:50 UTC. This new derivative product offers traders the opportunity to leverage their positions from 1x to 10x. The contract is stablecoin-settled and aims to mirror the real-time spot price of PayPay Corporation. Trading for the PAYPUSDT contract will be available around the clock, with funding fees being settled every eight hours. KuCoin advises users to thoroughly review the product documentation and risk disclosures prior to engaging in trading activities.