Binance Futures to Relaunch USDⓈ-M BNX Perpetual Contracts with Up to 20X Leverage

Fellow Binancians,

Binance Futures will relaunch USDⓈ-M BNX Perpetual Contracts at 2023-02-22 14:45 (UTC) with up to 20x leverage.

More details on BNXUSDT Perpetual Contracts can be found in the table below:

USDⓈ-M Perpetual Contracts	BNXUSDT
Launch Time	2023-02-22 14:45 (UTC)
Underlying Asset	BNX
Settlement Asset	USDT
Tick Size	0.001
Capped Funding Rate	Clamp (Funding Rate, -0.75 * Maintenance Margin Ratio, 0.75 * Maintenance Margin Ratio)
Max Leverage	20x
Trading Hours	24/7
Multi-Asset Mode	Supported

Please note:

The old BNXUSDT Perpetual Contract, which underwent settlement at 2023-02-11 04:00 (UTC), will be renamed as “BNXUSDTSETTLED”.
In addition, to provide users with a better trading experience, Binance has removed the old candlestick charts for USDⓈ-M BNX Perpetual Contracts from the trading page, effective from 2023-02-22 06:30 (UTC). With this update, users are no longer able to use GET /fapi/v1/continuousKlines to access the old candlestick data for USDⓈ-M BNX Perpetual Contracts.
Please note that users can continue using GET /fapi/v1/klines to access all the candlestick charts data for BNXUSDTSETTLED Perpetual Contracts.
Based on market risk conditions, Binance may adjust the specifications of the contracts from time to time, which include the tick size, maximum leverage, initial margin, and/or maintenance margin requirements.
Multi-Asset Mode allows users to trade BNXUSDT Perpetual Contracts across multiple margin assets, subject to the applicable haircuts. For example, when the Multi-Asset Mode is activated, users can use BTC as margin when trading BNXUSDT Perpetual Contracts.
BNXUSDT Perpetual Contracts are subject to the terms of the Binance Terms of Use and the Binance Futures Service Agreement.
Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.

For more information:

Thanks for your support!

Binance Team

2023-02-22

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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.

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