Binance will launch the COLLECTUSDT and MAGMAUSDT perpetual contracts on December 31, 2025, supporting up to 20x leverage.
According to an announcement from Binance, these two Derivative are scheduled to open for trading on the same day, 15 minutes apart, for COLLECTUSDT and MAGMAUSDT respectively.
- COLLECTUSDT will be listed perpetually at 20:15 (Vietnam time) on December 31, 2025.
- MAGMAUSDT will be listed perpetually at 20:30 (Vietnam time) on December 31, 2025.
- Both support a maximum leverage of 20x.
Launch date and trading specifications
COLLECTUSDT perpetual will open at 20:15 (Vietnam time) on December 31, 2025; MAGMAUSDT perpetual will open at 20:30, with a maximum leverage of 20x.
The initial announcement times were 21:15 and 21:30 (UTC+8) on December 31, 2025. Converting this to GMT+7 (Vietnam time), the corresponding times are 20:15 and 20:30 on the same day.
Both COLLECTUSDT and MAGMAUSDT are perpetual contracts, allowing for a maximum leverage of 20x as announced. The consecutive launch times, spaced 15 minutes apart, could impact liquidation and price volatility at launch, especially for cryptocurrency Derivative trading.
