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Binance Futures Will Launch BUSD-Margined AUCTION and UNI Perpetual Contracts with Up to 20X Leverage

Dipublikasikan pada 2022-08-03 08:30

Fellow Binancians,

Binance Futures will launch BUSD-margined AUCTION and UNI perpetual contracts with up to 20x leverage on 2022-08-05 02:45 (UTC) and 2022-08-05 03:00 (UTC) respectively. More details may be found in the table below:

BUSD-Margined Perpetual Contracts

AUCTIONBUSD

UNIBUSD

Launch Time

2022-08-05 02:45 (UTC)

2022-08-05 03:00 (UTC) 

Settlement Asset

BUSD

BUSD

Face Value

1 AUCTION

1 UNI

Tick Size

0.001

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: 

  • AUCTIONBUSD and UNIBUSD 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 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

2022-08-03

 

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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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