Binance Futures has officially announced the launch of the USDⓈ-Margined IRYSUSDT Perpetual Contract, scheduled to go live on November 26, 2025. This listing adds a new derivative trading pair to the platform's extensive offerings. The underlying asset, IRYS, is a relatively smaller cap token with a reported market capitalization of approximately $53 million. Listings of perpetual contracts for lower-cap assets on major exchanges like Binance often attract significant attention from traders due to the potential for increased volatility and liquidity. Traders should note the specific launch timing and contract specifications as detailed in the official announcement. As with all new futures listings, market participants will likely monitor the spot price action of IRYS leading up to and immediately following the contract's debut.