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Binance Futures Will Launch Coin-Margined OP Perpetual Contracts with Up to 20X Leverage

source-logo  binance.com 29 July 2022 04:17, UTC
Fellow Binancians,
Binance Futures will launch coin-margined OP perpetual contracts with up to 20x leverage on 2022-07-29 12:00 (UTC). More details may be found in the table below:
Coin-Margined Perpetual Contracts
OPUSD
Launch Time
2022-07-29 12:00 (UTC)
Settlement Asset
OP
Face Value
10 USD
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
Not Supported
Please note:
  • OP perpetual contracts are coin-margined futures contracts that use OP as collateral.
  • Based on market risk conditions, Binance may adjust the settings of these contracts from time to time.
Further information:
  • Trading Rules of COIN-M Futures Contracts
  • Leverage and Margin of COIN-M Futures Contracts
  • Binance Futures Fee Schedule
  • How to Select Trading Pairs
  • Price Index
binance.com