Binance Futures is set to launch silver perpetual contracts on Wednesday, allowing crypto traders to take leveraged exposure to one of 2025’s best-performing precious metals.
The derivatives arm of the world’s largest cryptocurrency exchange by trading volume said the new contract will go live at 10:00 UTC, offering up to 50x leverage on silver priced in U.S. dollars per troy ounce.
Perpetual futures, commonly known as “perps,” are derivative instruments that allow traders to speculate on price movements without owning the underlying asset or dealing with expiry dates. Instead, funding rates — typically charged every few hours — are used to keep contract prices aligned with the spot market. Their continuous trading, high leverage and 24/7 availability have made them a cornerstone of crypto markets, generating billions of dollars in daily volume.
The silver perpetual will be margined and settled in tether (USDT), the largest dollar-pegged stablecoin, with a minimum notional size of 5 USDT, according to Binance. Funding fees will apply every four hours and will be capped at plus or minus 2%. With 50x leverage, traders can control positions far larger than their initial margin, magnifying both potential gains and losses.
The launch follows Binance’s recent introduction of gold-linked perpetual contracts and highlights a growing trend of crypto traders branching into precious metals, which significantly outperformed digital assets last year.
Silver surged roughly 147% in 2025, at one point reaching a record high of $83.75 per ounce, and was last trading around $79.84. Gold rose more than 64% to $4,317, while bitcoin — the largest cryptocurrency by market value — finished the year down more than 5%.
Both metals benefited from persistent fiscal and inflation concerns, with silver receiving additional support from rising demand tied to solar energy and electronics manufacturing.
Binance said the silver contract will be available for futures copy trading within 24 hours of launch. Traders using multi-assets mode will also be able to post cryptocurrencies such as bitcoin as margin collateral, rather than relying solely on USDT, with haircuts applied to reflect price volatility.
Binance becomes the first major crypto exchange to offer silver-linked perpetual contracts, extending a trend previously seen on smaller venues such as MEXC and BTCC.
