Binance Futures to Launch SpaceX Trading Settled in Trump Backed USD1

Binance Futures is expanding its list of offerings with a new perpetual contract for SpaceX. This listing brings a major name from the private tech world to the crypto exchange, allowing traders to bet on the space company. The ticker for this new product is SPCX, and it functions as a standard perpetual contract.

A key detail of this announcement is the use of USD1 for settlement. This is a dollar pegged asset that has received backing from Donald Trump. Using USD1 instead of traditional stablecoins shows how Binance is integrating new types of financial products into its ecosystem.

Trading for the SPCX contract is set to start on July 20, 2026, at 09:00 UTC. This gives the market plenty of time to get ready for what could be a very active pair. It is a rare chance for retail traders to get exposure to a private company like SpaceX through a major exchange.

This move highlights a growing trend of mixing traditional assets with crypto infrastructure. If this launch succeeds, it could lead to more private stock derivatives appearing on the platform. Investors will likely watch the liquidity of USD1 closely as the launch date approaches.