Fellow Binancians,
Binance Futures will launch BUSD-margined MATIC and CVX perpetual contracts with up to 20x leverage on 2022-07-13 at 02:45 (UTC) and 2022-07-13 at 03:00 (UTC) respectively. More details can be found in the table below:
BUSD-Margined Perpetual Contracts | MATICBUSD | CVXBUSD |
Launch Time | 2022-07-13 02:45 (UTC) | 2022-07-13 03:00 (UTC) |
Settlement Asset | BUSD | BUSD |
Face Value | 1 MATIC | 1 CVX |
Tick Size | 0.0001 | 0.001 |
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) |
Max Leverage | 20x | 20x |
Trading Hours | 24/7 | 24/7 |
Multi-Asset Mode | Supported | Supported |
Please note:
- MATICBUSD and CVXBUSD 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 USDâ-M perpetual contracts across multiple margin assets. Users can use USDT as margin when trading BUSD-margined perpetual contracts.
Further information:
- Trading Rules of BUSD Futures Contracts
- Leverage and Margin of BUSD Futures Contracts
- Binance Futures Fee Schedule
- How to Select Trading Pairs
- Funding Rate History
- Price Index
- Multi-Asset Mode
Thanks for your support!
Binance Team
2022-07-12
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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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