Binance Futures will introduce a new SOMIUSDT perpetual contract for pre-market trading on August 25th, 2025, offering users up to 5x leverage. This expansion allows access to a wider range of trading options. The underlying asset is Somnia (SOMI), an EVM-compatible L1 blockchain designed for mass consumer applications such as games and entertainment. With a total supply of 1 billion SOMI tokens and USDT settlement, the contract will initially operate with pre-market trading before transitioning to standard perpetual futures contracts upon market stability. The initial mark price calculation will be based on the average of the last 10 seconds of trade prices, updated every second. Funding rate during this period is capped at +0.005%, transitioning to a maximum of +2% or -2% after pre-market trading ends, with fees settled every four hours. The contract is available 24/7 and allows for Multi-Assets Mode, enabling users to trade across multiple margin assets.