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Binance Futures Will Launch USDⓈ-M RNDR Perpetual Contracts with Up to 20X Leverage

source-logo  binance.com 02 February 2023 05:04, UTC
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Fellow Binancians,
Binance Futures will launch USDⓈ-M RNDR perpetual contracts on 2023-02-03 02:30 (UTC) with up to 20x leverage.
More details on RNDRUSDT Perpetual Contracts can be found in the table below:
USDⓈ-M Perpetual Contracts
RNDRUSDT
Launch Time
2023-02-03 02:30 (UTC)
Underlying Asset
RNDR
Settlement Asset
USDT
Tick Size
0.0001
Capped Funding Rate
Clamp (Funding Rate, -0.75 * Maintenance Margin Ratio, 0.75 * Maintenance Margin Ratio)
Max Leverage
20x
Trading Hours
24/7
Multi-Asset Mode
Supported
Please note:
  • Based on market risk conditions, Binance may adjust the specifications of the contracts from time to time, which include the tick size, maximum leverage, initial margin, and/or maintenance margin requirements.
  • Multi-Asset Mode allows users to trade RNDRUSDT Perpetual Contracts across multiple margin assets, subject to the applicable haircuts. For example, when the Multi-Asset Mode is activated, users can use BUSD as margin when trading RNDRUSDT Perpetual Contracts.
  • RNDRUSDT Perpetual Contracts are subject to the terms of the Binance Terms of Use and the Binance Futures Service Agreement.
  • Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
binance.com