Futures venues rewrote their leverage rules 69 times in the seven days to Oct 24. Across the top 50 perpetuals, the average maximum leverage on offer was 79.7x, tracked over 13 venues and 4,948 contracts.
$BTC shows how far apart the venues sit. MEXC allows up to 500x on a single tier, and Phemex caps it at 20x. Binance, Bitget and Bybit stop at 150x, and OKX at 100x.
Among the latest moves, XT cut the ceiling on BIO, COW and RED from 75x to 50x on Oct 24. Traders there can now borrow less against the same margin.
$BTC shows how far apart the venues sit. MEXC allows up to 500x on a single tier, and Phemex caps it at 20x. Binance, Bitget and Bybit stop at 150x, and OKX at 100x.
Among the latest moves, XT cut the ceiling on BIO, COW and RED from 75x to 50x on Oct 24. Traders there can now borrow less against the same margin.