New Arrivals in Derivatives: PHAROS and STAR Contracts on the Horizon
In a recent official update, a major global digital asset trading venue announced the expansion of its derivatives offerings. The platform is set to introduce USDT-margined perpetual contracts for PHAROS and STAR, catering to diverse trading appetites and strategic approaches.
Launch Schedule and Contract Specifications
The contracts will become available for trading according to the following timeline:
- PHAROSUSDT Perpetual Contract: Scheduled to go live at 13:15 (UTC+8) on May 14, 2026. A key feature of this contract is its support for leverage of up to 20x, appealing to seasoned traders looking for enhanced capital efficiency.
- STARUSDT Perpetual Contract: Following shortly after, it will launch at 13:30 (UTC+8) on the same day. This contract is structured with a more conservative risk profile, offering maximum leverage of 3x, suitable for investors with a moderate risk tolerance.
Implications for the Market and Traders
The introduction of these two perpetual contracts substantially broadens the platform's derivatives ecosystem. The high-leverage PHAROS contract serves as a potent tool for short-term traders and trend followers, while the moderately leveraged STAR contract aligns well with asset allocation and risk hedging objectives. This move not only addresses market demand for varied trading instruments but also underscores the platform's commitment to enhancing user experience and product diversity. Traders can now explore new strategic avenues to potentially capitalize on market movements.