Fellow Binancians,
Binance Futures will launch BUSD-margined WAVE and LINK perpetual contracts with up to 20x leverage on 2022-06-29 02:45 AM (UTC) and 2022-06-30 02:45 AM (UTC) respectively. More details may be found in the table below:
BUSD-Margined Perpetual Contracts
|
WAVEBUSD
|
LINKBUSD
|
Launch Time
|
2022-06-29 02:45 (UTC)
|
2022-06-30 02:45 (UTC)
|
Settlement Asset
|
BUSD
|
BUSD
|
Face Value
|
1 WAVE
|
1 LINK
|
Tick Size
|
0.001
|
0.001
|
Capped Funding Rate
|
Clamp (Funding Rate, -0.75 * Maintenance Margin Ratio, 0.75 * Maintenance Margin Ratio)
|
Clamp (Funding Rate, -0.75 * Maintenance Margin Ratio, 0.75 * Maintenance Margin Ratio)
|
Max Leverage
|
20x
|
20x
|
Trading Hours
|
24/7
|
24/7
|
Multi-Asset Mode
|
Supported
|
Supported
|
Please note:
- WAVEBUSD and LINKBUSD perpetual contracts are BUSD-margined futures contracts that use BUSD as collateral. Users will be able to select between 1-20x leverage.
- Based on market risk conditions, Binance may adjust the settings of these contracts from time to time.
- The Multi-Asset Mode allows users to trade USDⓈ-M perpetual contracts across multiple margin assets. Users can use USDT as margin when trading BUSD-margined perpetual contracts.