Binance Futures Will Launch BUSD-Margined AGIX Perpetual Contracts

2023-01-17 10:00

Fellow Binancians,

Binance Futures will launch BUSD-margined AGIX perpetual contracts with up to 15x leverage on 2023-01-19 02:30 (UTC). More details may be found in the table below:

BUSD-Margined Perpetual Contracts	AGIXBUSD
Launch Time	2023-01-19 02:30 (UTC)
Settlement Asset	BUSD
Face Value	1 AGIX
Tick Size	0.0001
Capped Funding Rate	Clamp (Funding Rate, -0.75 * Maintenance Margin Ratio, 0.75 * Maintenance Margin Ratio)
Max Leverage	15x
Trading Hours	24/7
Multi-Asset Mode	Supported

Please note:

AGIXBUSD perpetual contracts are BUSD-margined futures contracts that use BUSD as collateral. Users will be able to select between 1-15x 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

2023-01-17

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