Binance futures will launch #floki with upto 20x leverage

Fellow Binancians,
Binance Futures will launch the USDⓈ-M 1000FLOKI perpetual contract at 2023-05-06 16:30 (UTC), with up to 20x leverage.
More details on the 1000FLOKIUSDT Perpetual Contract can be found in the table below:
USDⓈ-M Perpetual Contract1000FLOKIUSDTLaunch Time 2023-05-06 16:30 (UTC) Underlying Asset1000FLOKISettlement AssetUSDTTick Size0.00001Capped Funding RateClamp (Funding Rate, -0.75 * Maintenance Margin Ratio, 0.75 * Maintenance Margin Ratio)Max Leverage20xTrading Hours24/7Multi-Assets ModeSupported
Please note:
Based on market risk conditions, Binance may adjust the specifications of the 1000FLOKIUSDT Perpetual Contract from time to time, which include the tick size, maximum leverage, initial margin, and/or maintenance margin requirements.Multi-Assets Mode allows users to trade the 1000FLOKIUSDT 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 1000FLOKIUSDT Perpetual Contract. The 1000FLOKIUSDT Perpetual Contract is subject to the terms of the Binance Terms of Use and the Binance Futures Service Agreement.Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
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
Thanks for your support!
Binance Team
2023-05-06
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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.
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