In line with this expansion, Binance has declared the pre-market listing of the Space and Time (SXT) futures contract. The pre-market trading will commence on May 2, 2025, at 08:30 (UTC). With this initiative, Huobi FT enables users to trade SXT futures contracts even before the token is officially listed on the platform’s spot market.
The maximum leverage rate for the SXT futures contract is capped at 5x. This gives traders the ability to multiply their possible profits and losses while speculating on the contract. Binance similarly declared its capped funding rate as +2.00% / -2.00%.
Space and Time is building the future of sub-second zero-knowledge (ZK) proofs on-chain. The firm powers trustless data processing for Web3 applications. This technology has the potential to make blockchain systems more efficient and secure.
Time has raised a total of $50 million in funding over three rounds. This round of financing is a testament to investor confidence in the company’s vision and technology. The new funding will be applied to advancing its technology platform and increasing the company’s presence within the growing Web3 ecosystem.
The company is aggressively seeking strategic partnerships to expand its footprint. One notable collaboration is with Sui Network. These partnerships allow Space and Time to connect its decentralized data platform with other industry-leading solutions.
