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Binance Futures Will Launch BUSD-Margined FIL, 1000SHIB and LEVER Perpetual Contracts with Up to 20X Leverage

Binance Futures Will Launch BUSD-Margined FIL, 1000SHIB and LEVER Perpetual Contracts with Up to 20X Leverage

2022-07-18 10:25
Fellow Binancians,
Binance Futures will launch BUSD-margined FIL, 1000SHIB and LEVER perpetual contracts with up to 20x leverage on 2022-07-20 02:45 (UTC), 03:00 (UTC) and 03:15 (UTC) respectively. More details may be found in the table below:
BUSD-Margined Perpetual Contracts
FILBUSD
1000SHIBBUSD
LEVERBUSD
Launch Time
2022-07-20 02:45 (UTC)
2022-07-20 03:00 (UTC)
2022-07-20 03:15 (UTC)
Settlement Asset
BUSD
BUSD
BUSD
Face Value
1 FIL
1,000 SHIB
1 LEVER
Tick Size
0.001
0.00001
0.000001
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)
Clamp (Funding Rate, -0.75 * Maintenance Margin Ratio, 0.75 * Maintenance Margin Ratio)
Max Leverage
20x
20x
20x
Trading Hours
24/7
24/7
24/7
Multi-Asset Mode
Supported
Supported
Supported
Please note:
  • FILBUSD, 1000SHIBBUSD and LEVERBUSD perpetual contracts are BUSD-margined futures contracts that use BUSD as collateral. Users will be able to select between 1-20x leverage.
  • Based on market risk conditions, Binance may adjust the settings of these contracts from time to time.
  • The Multi-Asset Mode allows users to trade USDⓈ-M perpetual contracts across multiple margin assets. Users can use USDT as margin when trading BUSD-margined perpetual contracts.
Further information:
Thanks for your support!
Binance Team
2022-07-18
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Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.
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