- CVXBUSD (USDⓈ-M Perpetual Contracts)
Previous Leverage and Margin Tiers | New Leverage and Margin Tiers | ||||
Leverage | Position Before Change (Notional Value in BUSD) | Maintenance Margin Rate (Before Change) | Leverage After Change | Position After Change (Notional Value in BUSD) | Maintenance Margin Rate (After Change) |
11 - 20x | 0 < Position ≤ 5,000 | 2.00% | 9 - 10x | 0 < Position ≤ 5,000 | 2.00% |
9 - 10x | 5,000 < Position ≤ 25,000 | 2.50% | 7 - 8x | 5,000 < Position ≤ 25,000 | 2.50% |
6 - 8x | 25,000 < Position ≤ 100,000 | 5.00% | 6x | 25,000 < Position ≤ 100,000 | 5.00% |
3 - 5x | 100,000 < Position ≤ 250,000 | 10.00% | 3 - 5x | 100,000 < Position ≤ 250,000 | 10.00% |
2x | 250,000 < Position ≤ 1,000,000 | 12.50% | 2x | 250,000 < Position ≤ 500,000 | 12.50% |
1x | 1,000,000 < Position ≤ 5,000,000 | 50.00% | 1x | 500,000 < Position ≤ 1,000,000 | 50.00% |
- GALBUSD (USDⓈ-M Perpetual Contracts)
Previous Leverage and Margin Tiers | New Leverage and Margin Tiers | ||||
Leverage | Position Before Change (Notional Value in BUSD) | Maintenance Margin Rate (Before Change) | Leverage After Change | Position After Change (Notional Value in BUSD) | Maintenance Margin Rate (After Change) |
11 - 20x | 0 < Position ≤ 5,000 | 2.00% | 9 - 10x | 0 < Position ≤ 5,000 | 2.00% |
9 - 10x | 5,000 < Position ≤ 25,000 | 2.50% | 7 - 8x | 5,000 < Position ≤ 25,000 | 2.50% |
6 - 8x | 25,000 < Position ≤ 100,000 | 5.00% | 6x | 25,000 < Position ≤ 100,000 | 5.00% |
3 - 5x | 100,000 < Position ≤ 250,000 | 10.00% | 3 - 5x | 100,000 < Position ≤ 250,000 | 10.00% |
2x | 250,000 < Position ≤ 1,000,000 | 12.50% | 2x | 250,000 < Position ≤ 500,000 | 12.50% |
1x | 1,000,000 < Position ≤ 3,000,000 | 50.00% | 1x | 500,000 < Position ≤ 1,000,000 | 50.00% |
- WAVESBUSD (USDⓈ-M Perpetual Contracts)
Previous Leverage and Margin Tiers | New Leverage and Margin Tiers | ||||
Leverage | Position Before Change (Notional Value in BUSD) | Maintenance Margin Rate (Before Change) | Leverage After Change | Position After Change (Notional Value in BUSD) | Maintenance Margin Rate (After Change) |
9 - 10x | 0 < Position ≤ 5,000 | 2.00% | 9 - 10x | 0 < Position ≤ 5,000 | 2.00% |
7 - 8x | 5,000 < Position ≤ 25,000 | 2.50% | 7 - 8x | 5,000 < Position ≤ 25,000 | 2.50% |
6x | 25,000 < Position ≤ 100,000 | 5.00% | 6x | 25,000 < Position ≤ 100,000 | 5.00% |
3 - 5x | 100,000 < Position ≤ 250,000 | 10.00% | 3 - 5x | 100,000 < Position ≤ 250,000 | 10.00% |
2x | 250,000 < Position ≤ 1,000,000 | 12.50% | 2x | 250,000 < Position ≤ 500,000 | 12.50% |
1x | 1,000,000 < Position ≤ 3,000,000 | 50.00% | 1x | 500,000 < Position ≤ 1,000,000 | 50.00% |
- Users are advised to close any open positions prior to the delisting time to avoid automatic settlement.
- Users are not allowed to open new positions for the aforementioned contracts starting from 2023-03-15 08:00 (UTC).
- It is important to note that the maintenance margin change will directly affect liquidation price. Users who hold existing positions of USDⓈ-M CVXBUSD, GALBUSD and WAVESBUSD Perpetual Contracts will be affected. To avoid being liquidated (i.e., margin ratio hits 100%), please add more margin to your USDⓈ-M Futures account or reduce your positions. It is recommended to control the margin ratio below 80%.
- Maintenance margin rate change will affect the funding rates of the USDⓈ-M Perpetual Contracts above. For more details on funding rate, please refer to Introduction to Binance Futures Funding Rates.
- In order to protect our customers and prevent potential risks in extremely volatile market conditions, Binance Futures may undertake additional protective measures toward the USDⓈ-M CVXBUSD, GALBUSD and WAVESBUSD Perpetual Contracts without further announcement, including but not limited to adjusting the maximum leverage value, position value, and maintenance margin in each margin tier, updating funding rates such as the interest rate, premium and capped funding rate, changing the constituents of the price index, and using the Last Price Protected mechanism to update the Mark Price.
- Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
- Delisting of Futures Contracts
- Trading Rules of USDⓈ-M Futures Contracts
- Leverage and Margin of USDⓈ-M Futures Contracts
- Price Index