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Binance Futures Will Launch USDⓈ-M LQTY Perpetual Contract with Up to 20X Leverage

source-logo  binance.com 09 March 2023 04:31, UTC
Fellow Binancians,
Binance Futures will launch USDⓈ-M LQTY perpetual contract at 2023-03-10 12:00 (UTC) with up to 20x leverage.
More details on LQTYUSDT Perpetual Contract can be found in the table below:
USDⓈ-M Perpetual Contract
LQTYUSDT
Launch Time
2023-03-10 12:00 (UTC)
Underlying Asset
LQTY
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 LQTYUSDT Perpetual Contract across multiple margin assets, subject to the applicable haircuts. For example, when the Multi-Asset Mode is activated, users can use BTC as margin when trading LQTYUSDT Perpetual Contract.
  • LQTYUSDT Perpetual Contract is 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