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Binance Futures Will Launch Coin-Margined OP Perpetual Contracts with Up to 20X Leverage

Fellow Binancians,
Binance Futures will launch coin-margined OP perpetual contracts with up to 20x leverage on 2022-07-29 12:00 (UTC). More details may be found in the table below:
| Coin-Margined Perpetual Contracts | OPUSD |
| Launch Time | 2022-07-29 12:00 (UTC) |
| Settlement Asset | OP |
| Face Value | 10 USD |
| Tick Size | 0.0001 |
| 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 | Not Supported |
Please note:
- OP perpetual contracts are coin-margined futures contracts that use OP as collateral.
- Based on market risk conditions, Binance may adjust the settings of these contracts from time to time.
Further information:
- Trading Rules of COIN-M Futures Contracts
- Leverage and Margin of COIN-M Futures Contracts
- Binance Futures Fee Schedule
- How to Select Trading Pairs
- Price Index
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