Binance Futures will launch silver perpetual contracts on Wednesday, giving crypto traders leveraged exposure to one of 2025’s best-performing commodities.

The derivatives arm of the world’s largest cryptocurrency exchange by trading volume said the new contract will go live at 10:00 UTC and offer up to 50x leverage on silver priced in U.S. dollars per troy ounce.

Perpetual futures, or “perps,” let traders speculate on an asset’s price without owning it or worrying about expiration dates. Funding rates, typically applied every few hours, keep contract prices aligned with the spot market. Their 24/7 availability, high leverage, and unlimited duration have made them a cornerstone of crypto derivatives markets, driving billions in daily trading volume.

The silver contract will be margined and settled in tether (USDT), the world’s largest dollar-pegged stablecoin, with a minimum notional value of 5 USDT. Funding fees, capped at ±2%, will apply every four hours. With leverage of up to 50x, traders can control positions far larger than their deposited margin, amplifying both gains and losses.

The launch follows Binance’s recent introduction of gold perpetual contracts and highlights a growing trend of crypto traders branching into precious metals, which outperformed digital assets last year. Silver surged roughly 147% in 2025, reaching a record high of $83.75 per ounce, and was last trading near $79.84. Gold climbed over 64% to $4,317, while bitcoin, the largest cryptocurrency by market value, finished the year down more than 5%. Both metals drew support from fiscal and inflation concerns, with silver benefiting from strong industrial demand in solar panels and electronics.

Binance said the silver contract will be available for copy trading within 24 hours of launch. Multi-assets mode will allow traders to use cryptocurrencies such as bitcoin as margin collateral, with haircuts applied to account for volatility.

The exchange is the first major crypto platform to offer silver-linked perpetual contracts, building on a trend previously seen on smaller venues like MEXC and BTCC.