According to Binance, Binance Futures will open pre-market trading for the USDⓈ-M KITEUSDT perpetual contract, settled in USDT and offering up to 50x leverage, source: Binance announcement. Binance states that USDⓈ-M contracts are USDT-margined, meaning collateral and PnL are in USDT, which informs margin planning and position sizing, source: Binance Support. The 50x cap defines the maximum leverage available at launch for KITEUSDT on Binance Futures, guiding risk limits and order sizing for traders, source: Binance announcement.