Binance Futures Will Launch USDⓈ-M APTBUSD and COIN-M APTUSD Perpetual Contracts

2022-10-24 03:37

Fellow Binancians,

Binance Futures will launch USDⓈ-M APTBUSD and COIN-M APTUSD perpetual contracts at 2022-10-25 02:30 (UTC) and 2022-10-25 02:45 (UTC) respectively.

More details on USDⓈ-M and Coin-M APT perpetual contracts can be found in the table below:

Perpetual Contracts	APTBUSD	APTUSD
Launch Time	2022-10-25 02:30 (UTC)	2022-10-25 02:45 (UTC)
Underlying Asset	APT	APT
Settlement Asset	BUSD	APT
Tick Size	0.001	0.001
Capped Funding Rate	Clamp (Funding Rate, -0.75 * Maintenance Margin Ratio, 0.75 * Maintenance Margin Ratio)	Clamp (Funding Rate, -0.75 * Maintenance Margin Ratio, 0.75 * Maintenance Margin Ratio)
Max Leverage	25x	20x
Trading Hours	24/7	24/7
Multi-Asset Mode	Supported	Not Supported

Please note:

Based on market risk conditions, Binance may adjust the specifications of the contracts from time to time, which include the tick size, maximum leverage, initial margin, and/or maintenance margin requirements.
Multi-Asset Mode allows users to trade APTBUSD Perpetual Contracts across multiple margin assets, subject to the applicable haircuts. For example, when the Multi-Asset Mode is activated, users can use USDT as margin when trading APTBUSD Perpetual Contracts.
APTBUSD and APTUSD Perpetual Contracts are 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:

Thanks for your support!

Binance Team

2022-10-24

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