Binance has announced the launch of the ANTHROPICUSDT USDS-M Futures Pre-IPO Perpetual Contract, scheduled to begin trading on June 2, 2026, at 04:30 UTC. This initiative aims to enhance the trading experience on Binance Futures by offering users more options. The contract will be listed on Binance RIE and will be cleared and settled by Binance RCH. It will feature an estimated share count of 1 billion shares, although this is for informational purposes only and not a guarantee. The contract will use USDT as the settlement asset, with a tick size of 0.01 and a minimum trade amount of 0.01 ANTHROPIC. Traders can utilize a maximum leverage of 20x and engage in trading 24/7. During the Pre-IPO period, the funding rate is capped at +0.005% per interval, transitioning to +2.00% / -2.00% after this phase. The daily interest rate for funding is set at 0.015%, with fees settled every eight hours. Additionally, the mark price will be determined by averaging the last 10 seconds of trade prices on Binance RIE, with a ±1% price cap to manage price fluctuations.