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Binance Futures Will Launch USDⓈ-M RNDR Perpetual Contracts with Up to 20X Leverage

Fellow Binancians,
Binance Futures will launch USDⓈ-M RNDR perpetual contracts on 2023-02-03 02:30 (UTC) with up to 20x leverage.
More details on RNDRUSDT Perpetual Contracts can be found in the table below:

USDⓈ-M Perpetual Contracts RNDRUSDT
Launch Time 2023-02-03 02:30 (UTC)
Underlying Asset RNDR
Settlement Asset USDT
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 Supported

Please note:

  • Based on market risk conditions, Binance may adjust the specifications of the contracts from time to time, which include the tick size, maximum leverage, initial margin, and/or maintenance margin requirements.
  • Multi-Asset Mode allows users to trade RNDRUSDT Perpetual Contracts across multiple margin assets, subject to the applicable haircuts. For example, when the Multi-Asset Mode is activated, users can use BUSD as margin when trading RNDRUSDT Perpetual Contracts.
  • RNDRUSDT Perpetual Contracts are subject to the terms of the Binance Terms of Use and the Binance Futures Service Agreement.
  • Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.

   

Source

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