Binance Futures Will Launch USDⓈ-M UMA Perpetual Contract With Up to 20X Leverage
Binance Futures will launch the USDⓈ-M UMA perpetual contract at 2023-05-10 12:30 (UTC), with up to 20x leverage.
More details on the UMAUSDT Perpetual Contract can be found in the table below:
Based on market risk conditions, Binance may adjust the specifications of the UMAUSDT 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 UMAUSDT 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 UMAUSDT Perpetual Contract.
Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
Thanks for your support!
Find us on
Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.