Binance Expands 24/7 Stock-Linked Futures With Snowflake, AppLovin and Energy Firms
Binance has added four new USDT-settled perpetual futures contracts linked to shares of GE Vernova, Vertiv, Snowflake and AppLovin, giving eligible users round-the-clock exposure to price movements traditionally limited by stock market hours.
Binance Futures launched the GEVUSDT, VRTUSDT, SNOWUSDT and APPUSDT contracts on July 10, 2026. Each product tracks the price of a publicly traded US company while operating through Binance’s derivatives platform rather than a conventional stock exchange.
The four underlying companies represent different areas of the technology and infrastructure markets.
GE Vernova trades on the New York Stock Exchange under the ticker GEV. Vertiv Holdings trades on the NYSE under VRT. Snowflake trades under SNOW, while AppLovin trades on Nasdaq under APP.
All four contracts are denominated and settled in the USDT stablecoin. Binance has set the minimum notional trade value at 5 USDT, with maximum leverage of up to 25x. Funding payments are calculated every eight hours.
Price Exposure Without Direct Share Ownership
The products are perpetual futures, meaning they do not have a fixed expiry date. Traders can open long or short positions depending on whether they expect the reference share price to rise or fall.
Because the contracts are derivatives settled in USDT, users are not purchasing the underlying company shares. The products provide exposure to price movements but do not represent direct ownership in GE Vernova, Vertiv, Snowflake or AppLovin.
Traders using these products therefore do not receive the same rights as traditional shareholders, such as voting rights or direct dividend ownership.
Leverage can increase potential returns, but it can also amplify losses and lead to liquidation when the market moves against a trader’s position.
How Binance Supports 24/7 Trading
Traditional US equities do not trade continuously throughout weekends and market holidays. Binance’s stock-linked perpetual futures, however, remain available 24 hours a day, seven days a week.
To maintain pricing when conventional markets are closed or operating with reduced liquidity, Binance uses different index and mark-price calculation methods depending on the trading session.
During regular market hours, prices are based on data supplied by third-party market-data providers. During weekends, holidays and other periods when external pricing may be limited, Binance can use an order-book-based exponentially weighted moving average, known as EWMA, to calculate a continuous reference price.
The exchange also applies limits designed to keep the mark price close to the underlying index. For equity-linked traditional finance perpetual contracts, Binance states that the maximum deviation is 5% during regular, extended and overnight sessions, and 3% during weekends and holidays.
These mechanisms are designed to reduce sudden pricing gaps, although they do not remove the risks associated with volatility, leverage and lower liquidity outside conventional stock market hours.
Crypto Platforms Continue Moving Into Traditional Markets
The latest additions reflect the growing overlap between cryptocurrency trading infrastructure and traditional financial markets.
Crypto exchanges are increasingly offering instruments linked to equities, commodities and other real-world assets. These products allow users to manage different types of market exposure through a single account and stablecoin balance.
For Binance, adding GE Vernova and Vertiv expands its exposure to businesses connected with power generation, data centres and digital infrastructure.
Snowflake and AppLovin add further exposure to cloud computing, data services and digital advertising.
The launch may appeal to crypto-native traders who want exposure to traditional market assets without moving funds to a conventional brokerage platform.
However, stock-linked perpetual futures are not equivalent to buying shares. Their pricing, funding rates, leverage and liquidation mechanics create a different risk profile from traditional equity investing.
The contracts may not be available in every jurisdiction. Binance also reserves the right to adjust leverage, margin requirements, funding rates, tick sizes and other contract specifications in response to market conditions.
Sources
Binance announcement: Binance Futures launch of GEVUSDT, VRTUSDT, SNOWUSDT and APPUSDT perpetual contracts
https://www.binance.com/en/support/announcement/detail/d0833e4ae9b542be90dbf3fe1c960c53
Binance FAQ: TradFi perpetual contract index and mark-price methodology
https://www.binance.com/en/support/faq/detail/fe7dcdf24f1943d98b368f5f9f744398
Disclaimer:
This article is for informational purposes only and does not constitute financial, investment or trading advice. Cryptocurrency and leveraged derivatives involve substantial risk, including the possible loss of capital.
