binance.com
Fellow Binancians,
Binance Futures will launch the USDⓈ-M PENDLE perpetual contract at 2023-07-28 02:30 (UTC),with up to 20x leverage.
More details on the PENDLEUSDT Perpetual Contract can be found in the table below:
|
USDⓈ-M Perpetual Contract |
PENDLEUSDT |
|
Launch Time |
2023-07-28 02:30 (UTC) |
|
Underlying Asset |
PENDLE |
|
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-Assets Mode |
Supported |
Please note:
-
Based on market risk conditions, Binance may adjust the specifications of the PENDLEUSDT Perpetual Contract from time to time, which include the tick size, maximum leverage, initial margin, and/or maintenance margin requirements.
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Multi-Assets Mode allows users to trade the PENDLEUSDT Perpetual Contract across multiple margin assets, subject to the applicable haircuts. For example, when the Multi-Assets Mode is activated, users can use BTC as margin when trading the PENDLEUSDT Perpetual Contract.
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The PENDLEUSDT Perpetual Contract is subject to the terms of the Binance Terms of Use and the Binance Futures Service Agreement.
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Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.