Fellow Binancians,
Binance Futures will adjust the margin tiers of multiple USDⓈ-M Perpetual Contracts on 2022-12-29 06:00 (UTC), as well as the maximum leverage of multiple 1230 Quarterly Contracts at 2022-12-29 at 06:30 (UTC), as reflected in 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 Margin Tiers:
- DENTUSDT (USDⓈ-M Perpetual Contracts) on 2022-12-29 at 06:00 (UTC)
Previous Leverage and Margin Tiers | New Leverage and Margin Tiers | ||||
Leverage (Before Change) | 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) |
9 - 10x | 0 < Position ≤ 5,000 | 1.00% | 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 ≤ 1,000,000 | 12.50% |
1x | 1,000,000 < Position ≤ 5,000,000 | 50.00% | 1x | 1,000,000 < Position ≤ 5,000,000 | 50.00% |
- HOTUSDT (USDⓈ-M Perpetual Contracts) on 2022-12-29 at 06:00 (UTC)
Previous Leverage and Margin Tiers | New Leverage and Margin Tiers | ||||
Leverage (Before Change) | 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) |
21 - 25x | 0 < Position ≤ 5,000 | 1.00% | 21 - 25x | 0 < Position ≤ 5,000 | 2.00% |
11 - 20x | 5,000 < Position ≤ 25,000 | 2.50% | 11 - 20x | 5,000 < Position ≤ 25,000 | 2.50% |
6 - 10x | 25,000 < Position ≤ 100,000 | 5.00% | 6 - 10x | 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 ≤ 1,000,000 | 12.50% |
1x | 1,000,000 < Position ≤ 5,000,000 | 50.00% | 1x | 1,000,000 < Position ≤ 5,000,000 | 50.00% |
Updates on Leverage:
- The maximum leverage of BTCUSDT and ETHUSDT USDⓈ-M Quarterly 1230 Futures Contracts will be reduced from 25x to 20x.
- The maximum leverage of BTCUSD and ETHUSD COIN-M Quarterly 1230 Futures Contracts will be reduced from 50x to 21x.
- The maximum leverage of BNBUSD, ADAUSD, BCHUSD, LINKUSD, XRPUSD, LTCUSD and DOTUSD COIN-M Quarterly 1230 Futures Contracts from 20x to 11x.
Notes:
- It is important to note that the maintenance margin change will directly affect liquidation price. Users who hold existing positions of USDⓈ-M DENTUSDT and HOTUSDT 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 USDⓈ-M DENTUSDT and HOTUSDT Perpetual Contracts. For more details on funding rate, please refer to Introduction to Binance Futures Funding Rates.
- 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
2022-12-29
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Binance reserves the right in its sole discretion to amend or change or cancel the products referred to in this announcement at any time and for any reasons without prior notice.
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