Binance to launch Oura Inc. Pre-IPO perpetual futures

Binance Futures will launch the OURAUSDT USD-margined Pre-IPO perpetual contract on September 23 at 16:30. The contract tracks the shares of Oura Inc., which is planning an IPO on Nasdaq. It supports up to 20x leverage and uses USDT as the settlement asset. The funding rate is fixed at 0.005% every 8 hours during the pre-IPO phase. If the IPO fails, the contract will be delisted; if successful, it will transition to a standard TradFi perpetual contract.