binance.com
Fellow Binancians,
Binance Futures will launch BUSD-margined MATIC and CVX perpetual contracts with up to 20x leverage on 2022-07-13 at 02:45 (UTC) and 2022-07-13 at 03:00 (UTC) respectively. More details can be found in the table below:
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BUSD-Margined Perpetual Contracts
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MATICBUSD
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CVXBUSD
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Launch Time
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2022-07-13 02:45 (UTC)
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2022-07-13 03:00 (UTC)
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Settlement Asset
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BUSD
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BUSD
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Face Value
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1 MATIC
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1 CVX
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|
Tick Size
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0.0001
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0.001
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Capped Funding Rate
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Clamp (Funding Rate, -0.75 * Maintenance Margin Ratio, 0.75 * Maintenance Margin Ratio)
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Clamp (Funding Rate, -0.75 * Maintenance Margin Ratio, 0.75 * Maintenance Margin Ratio)
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|
Max Leverage
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20x
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20x
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Trading Hours
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24/7
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24/7
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|
Multi-Asset Mode
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Supported
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Supported
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Please note:
- MATICBUSD and CVXBUSD 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.
Further information:
- Trading Rules of BUSD Futures Contracts
- Leverage and Margin of BUSD Futures Contracts
- Binance Futures Fee Schedule
- How to Select Trading Pairs
- Funding Rate History
- Price Index
- Multi-Asset Mode