Exchange Announcement Tracking

Apr 24,2024
Binance: Binance contracts will launch BOME, TIA and MATIC USDC standard perpetual contracts with a maximum leverage of 75 times Fellow Binancians, To expand the list of trading choices offered on Binance Futures and enhance users’ trading experience, Binance Futures will launch the BOMEUSDC Perpetual Contract at 2024-04-25 07:00 (UTC) with up to 50x leverage, TIAUSDC Perpetual Contract at 2024-04-25 07:15 (UTC) with up to 50x leverage, and MATICUSDC Perpetual Contract at 2024-04-25 07:30 (UTC) with up to 75x leverage.  More details on the aforementioned perpetual contracts can be found in the table below:   USDⓈ-M Perpetual ContractsBOMEUSDCTIAUSDCMATICUSDCLaunch Time2024-04-25 07:00 (UTC)2024-04-25 07:15 (UTC)2024-04-25 07:30 (UTC)Underlying AssetBOOK OF MEME (BOME)Celestia (TIA)Polygon (MATIC)Settlement AssetUSDCUSDCUSDCTick Size0.0000010.00010.0001Capped Funding Rate+2.0000% / -2.0000%+2.0000% / -2.0000%+0.4500% / -0.4500%Funding Fee Settlement FrequencyEvery Four HoursEvery Four HoursEvery Eight HoursMaximum Leverage50x50x75xTrading Hours24/724/724/7Multi-Assets ModeSupportedSupportedSupported Please Note:  Starting from 2024-04-03 12:30 (UTC), users will enjoy zero maker fees and a 0.017% taker fee for all trades on USDC-margined futures contracts. Refer to this announcement for more information. Based on market risk conditions, Binance may adjust the specifications of the aforementioned futures contract(s) from time to time, which include the funding fee, tick size, maximum leverage, initial margin, and/or maintenance margin requirements.Multi-Assets Mode allows users to trade the aforementioned futures contract(s) 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 aforementioned perpetual contracts. The aforementioned perpetual contracts are subject to the Binance Terms of Use and the Binance Futures Service Agreement.There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise. Further Information: Trading Rules of USDⓈ-M Futures ContractsLeverage and Margin of USDⓈ-M Futures Contracts Binance Futures Fee StructureHow to Select Trading PairsFunding Rate HistoryMark Price and Price IndexMulti-Assets Mode Thank you for your support! Binance Team 2024-04-24 Original link:
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