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Binance Futures Will Launch USDⓈ-M LUNA2 Perpetual Contracts with Up to 25X Leverage

Fellow Binancians,
Binance Futures will launch USDⓈ-M LUNA2 perpetual contracts with up to 25x leverage on 2022-09-10 at 03:00 (UTC).
More details on LUNA2USDT Perpetual Contracts can be found in the table below:

USDⓈ-M Perpetual Contracts LUNA2USDT
Launch Time 2022-09-10 03:00 (UTC)
Underlying Asset LUNA2
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 25x
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 LUNA2USDT 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 LUNA2USDT Perpetual Contracts.
  • LUNA2USDT 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.

Further information:

  • Trading Rules of USDⓈ-M Futures Contracts
  • Leverage and Margin of USDⓈ-M Futures Contracts
  • Binance Futures Fee Schedule
  • How to Select Trading Pairs
  • Funding Rate History
  • Price Index
  • Multi-Asset Mode

   

Source

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