2022-05-11 12:59
Fellow Binancians,
Binance Futures has adjusted the margin tiers of the LUNA USDⓈ-M Perpetual Contract on 2022-05-11 at 11:20 AM (UTC), with the new leverage and margin tiers reflected in the table below. The max leverage has been adjusted in each tier. Existing positions opened before the update will not be affected.
The max leverage of LUNA USDⓈ-M Perpetual Contract has been reduced to 25x.
Earlier Leverage
| New Leverage
| Position
| Maintenance Margin Rate
|
26-50x
| 21-25x
| 0 < Position ≤ 50,000
| 1.00%
|
11-25x
| 11-20x
| 50,000 < Position ≤ 250,000
| 2.00%
|
6-10x
| 6-10x
| 250,000 < Position ≤ 1,000,000
| 5.00%
|
5x
| 5x
| 1,000,000 < Position ≤ 2,000,000
| 10.00%
|
4x
| 4x
| 2,000,000 < Position ≤ 5,000,000
| 12.50%
|
3x
| 3x
| 5,000,000 < Position ≤ 10,000,000
| 16.65%
|
2x
| 2x
| 10,000,000 < Position ≤ 15,000,000
| 25.00%
|
1x
| 1x
| 15,000,000 < Position ≤ 50,000,000
| 50.00%
|
In addition, Binance has adjusted the tick size (i.e. the minimum change in the unit price) of the LUNA USDⓈ-M perpetual futures contract on 2022-05-11 at 12:35 PM (UTC) as shown in the table below.
The specific adjustment details are as follows:
Contract Type
| Trading Pair
| Before
| After
|
USDⓈ-M Futures
| LUNAUSDT
| 0.001
| 0.0001
|
Please refer to Trading Rules for more details and adjust your trading strategy according to the change to avoid unnecessary impact on your trading.
Further information:
Risk Warning: Futures trading carries substantial risk and the possibility of both significant profits and losses. Past gains are not indicative of future returns. All of your margin balance may be liquidated in the event of extreme price movements. The information here should not be regarded as financial or investment advice from Binance. All trading strategies are used at your discretion and your own risk. Binance will not be liable to you for any loss that might arise from your use of Futures. To learn more about how to protect yourself, visit our Responsible Trading resource page.
Thanks for your support!
Binance Team
2022-05-11
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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.
