Fellow Binancians,
Binance Futures will close all positions and conduct an automatic settlement on the USDⓈ-M ICPBUSD and LUNA2BUSD Perpetual Contracts at 2023-03-22 09:00 (UTC). The contracts will be delisted after the settlement is complete.
In addition, Binance Futures will adjust the leverage and margin tiers of the USDⓈ-M ICPBUSD and LUNA2BUSD Perpetual Contracts at 2023-03-20 10:00 (UTC), as per the tables below. Existing positions opened before the update will be affected. It is strongly advised to adjust the position and leverage prior to the adjustment in order to avoid any potential liquidation.
Updates to Leverage & Margin Tiers:
Previous Leverage and Margin Tiers | New Leverage and Margin Tiers | ||||
Leverage | Position Before Change (Notional Value in USDT) | Maintenance Margin Rate (Before Change) | Leverage After Change | Position After Change (Notional Value in USDT) | Maintenance Margin Rate (After Change) |
11 - 20x | 0 | 2.00% | 9 - 10x | 0 | 2.00% |
9 - 10x | 5,000 | 2.50% | 7 - 8x | 5,000 | 2.50% |
6 - 8x | 25,000 | 5.00% | 6x | 25,000 | 5.00% |
3 - 5x | 100,000 | 10.00% | 3 - 5x | 100,000 | 10.00% |
2x | 250,000 | 12.50% | 2x | 250,000 | 12.50% |
1x | 1,000,000 | 50.00% | 1x | 1,000,000 | 50.00% |
Previous Leverage and Margin Tiers | New Leverage and Margin Tiers | ||||
Leverage | Position Before Change (Notional Value in USDT) | Maintenance Margin Rate (Before Change) | Leverage After Change | Position After Change (Notional Value in USDT) | Maintenance Margin Rate (After Change) |
11 - 20x | 0 | 2.00% | 9 - 10x | 0 | 2.00% |
9 - 10x | 5,000 | 2.50% | 7 - 8x | 5,000 | 2.50% |
6 - 8x | 25,000 | 5.00% | 6x | 25,000 | 5.00% |
3 - 5x | 100,000 | 10.00% | 3 - 5x | 100,000 | 10.00% |
2x | 250,000 | 12.50% | 2x | 250,000 | 12.50% |
1x | 1,000,000 | 50.00% | 1x | 1,000,000 | 50.00% |
Please Note:
For more information:
Thanks for your support!
Binance Team
2023-03-20
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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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