# Binance Set April 6 Launch for ETF-Linked SPYUSDT Perpetual

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/46369
Published: 2026-11-02T12:00:20.000Z
Updated: 2026-11-02T12:00:20.000Z
Section: Investing

> The contract was scheduled for round-the-clock trading, with leverage capped at 10x.

Binance set April 6, 2026, at 9:40 a.m. ET (13:40 UTC) as the scheduled start for its SPYUSDT index perpetual, a derivatives product linked to State Street’s SPDR S&P 500 ETF Trust.

The contract settles in Tether (USDT) and is available 24 hours a day, seven days a week, with maximum leverage of 10x. Trading availability may vary by region.

SPYUSDT references the ETF through a derivatives contract and does not represent ownership of its shares. The fund is designed to broadly reflect the S&P 500 Index’s price and yield performance.