Dear User:

To provide more Binance Futures trading options and enhance the user trading experience, Binance Futures will launch AVAX USDC-margined Perpetual Contracts at 15:00 (ET) on March 20, 2024, with a maximum leverage of 75x.

More information about AVAX USDC-margined perpetual contracts is shown in the table below:

U-margin perpetual contract

AVAXUSDC

time online

2024-03-20 15:00 (GMT+8)

Underlying Assets

Avalanche（AVAX）

Settlement assets

USDC

Minimum price change

0.001

Funding Rate Cap

+0.3750% / -0.3750%

Funding Settlement Frequency

Every eight hours

Maximum leverage

75x

transaction hour

24/7

Multi-asset model

support

Please note:

  • As of 20:30 on April 3, 2024 (GMT+8), users will be eligible to enjoy a 10% discount on all USDC-based contracts. For more details, please refer to Announcement;

  • Based on market risk conditions, Binance may adjust the above contract parameters, including funding rate, minimum price change, maximum leverage, initial margin, maintenance margin and other important parameters;

  • Multi-asset mode supports the above perpetual contracts. The multi-asset mode supports assets other than USDC as margin for AVAXUSDC perpetual contracts (including valuation discounts). For example: users can use BTC as margin to trade AVAXUSDC perpetual contracts;

  • The above USDC-margined contracts are subject to the Binance Terms of Use and the Binance Futures Service Agreement;

  • There may be discrepancies between the original English version and the translated version. If there are any discrepancies, please refer to the original English version for the latest or most accurate information.

illustrate:

Thank you for your support!

Binance Team

March 18, 2024