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A major mainstream exchange announced that on January 9, 2026, at 09:00 (UTC), it will officially launch the ZAMA U-Backed Perpetual Contract Pre-Market Trading, supporting up to 5x leverage. ZAMA is a cross-chain privacy protocol based on Fully Homomorphic Encryption (FHE) technology, with a total supply set at 11 billion tokens. According to the plan, once the ZAMA spot trading is officially launched, this contract product will automatically upgrade to a standard perpetual contract format. This means traders can participate in the market in advance while enjoying more flexible risk management tools.