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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

   

Source

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