Binance Futures, the derivatives division of the leading cryptocurrency exchange by trading volume, is set to launch silver perpetual contracts on Wednesday, allowing participants to make leveraged investments on the expected performance of this notable precious metal in 2025.
Perpetual futures contracts, often referred to as “perps,” are financial instruments that enable traders to speculate on the price of an asset without owning it, and they do not have expiration dates. Prices are maintained in alignment with spot markets through funding rates, typically updated every few hours. Their continuous nature, high leverage potential, and round-the-clock availability have led to significant popularity in the crypto space, generating billions in daily trading activity across various exchanges.
The contract will debut at 10:00 UTC, providing up to 50x leverage on silver priced in U.S. dollars per troy ounce, permitting traders to manage positions that are 50 times the size of their deposited margin, thus magnifying both profits and losses.
It will be margined and settled in tether , the largest dollar-pegged stablecoin globally, with a minimum notional value of 5 USDT, the exchange announced. Trading these perpetual futures will incur a funding fee, capped at ±2%, every four hours.
This upcoming launch follows the exchange’s introduction of perpetuals linked to gold and reflects that crypto traders are increasingly venturing into precious metals, which significantly outperformed the crypto sector last year.
Silver experienced a remarkable 147% price surge in 2025, peaking at $83.75 per ounce at one point. Currently, it’s trading at $79.84. Gold rose more than 64% to $4,317, while bitcoin, the foremost cryptocurrency by market capitalization, closed the year down over 5%.
Both precious metals benefitted from fears regarding fiscal stability and inflation, with silver receiving additional support from growing demand in the solar panel and electronics sectors.
The silver contract will be available for futures copy trading within 24 hours post-launch, according to Binance’s announcement. The multi-assets mode will also allow traders to utilize cryptocurrencies such as BTC as margin collateral, rather than being limited to USDT, with discounts applied to accommodate for price volatility.
Binance is pioneering the offering of perpetuals linked to silver among major exchanges, following a trend set by smaller platforms like MEXC and BTCC.
