Binance Futures, the derivatives arm of the world’s largest cryptocurrency exchange by trading volume, will launch silver perpetual contracts on Wednesday, allowing crypto traders to place leveraged bets on 2025’s hottest precious metal.
Perpetual futures, or “perps,” are derivative instruments that allow traders to bet on the price of an asset without owning it and without an expiration date, using funding rates, usually every few hours, to keep prices in line with spot markets. Their infinite duration, high leverage options, and 24/7 access have made them extremely popular in crypto, generating billions in daily trading volume on exchanges.
The contract, launched at 10:00 UTC, offers up to 50x leverage on silver priced in US dollars per troy ounce, allowing traders to control positions 50 times their deposited margin and magnifying both gains and losses.
It is marginal and regulated in connection the world’s largest dollar-pegged stablecoin, with a minimum notional value of 5 USDT, the exchange said in an official statement. Trading these perpetual futures contracts will incur funding fees, capped at ±2%, every four hours.
The imminent launch comes weeks after the launch of gold-linked perpetual exchanges and shows that crypto traders are increasingly diversifying into precious metals, which outperformed the crypto market by leaps and bounds last year.
Silver saw a staggering 147% rebound in 2025, hitting a record price per ounce of $83.75 at one point. At the time of writing, it changed hands at $79.84. Gold surged more than 64% to $4,317, while bitcoin, the top cryptocurrency by market value, ended the year down more than 5%.
Both precious metals benefited from fiscal and inflation concerns, with silver gaining additional momentum from growing demand for solar panels and electronics.
The silver contract will be available for futures copy trading within 24 hours of its launch, Binance said in the announcement. Multi-asset mode will also allow traders to use cryptocurrencies like BTC as margin collateral, instead of just USDT, with discounts applied to account for price volatility.
Binance is the first major exchange to offer silver-linked perpetuals, building on the trend started by relatively smaller sites like MEXC and BTCC.
