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Binance Futures Will Launch SUIUSD COIN-M Perpetual Contract With up to 20x Leverage

Binance Futures Will Launch SUIUSD COIN-M Perpetual Contract With up to 20x Leverage

2024-09-12 14:30

This is a general announcement. Products and services referred to here may not be available in your region.

Fellow Binancians,

Binance Futures will launch the SUIUSD COIN-M Perpetual Contract at 2024-09-18 10:00 (UTC), with up to 20x leverage. 

More details on the SUIUSD COIN-M Perpetual Contract can be found in the table below:  

COIN-M Perpetual Contract

SUIUSD

Launch Time

2024-09-18 10:00 (UTC) 

Underlying Asset

Sui (SUI)

Settlement Asset

SUI

Tick Size

0.0001

Capped Funding Rate

Clamp (Funding Rate, -0.75 * Maintenance Margin Ratio, 0.75 * Maintenance Margin Ratio)

Funding Fee Settlement Frequency

Every Eight Hours

Maximum Leverage

20x

Trading Hours

24/7

Multi-Assets Mode

Not Supported

Please Note: 

  • The funding fee settlement frequency is every eight hours.

  • Based on market risk conditions, Binance may adjust the specifications of the aforementioned Futures contract(s) from time to time, which include the funding fee, tick size, maximum leverage, initial margin, and/or maintenance margin requirements.

  • The SUIUSD Perpetual Contract is subject to the terms of the Binance Terms of Use and the Binance Futures Service Agreement.

  • There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.

Further Information:

Thank you for your support!

Binance Team

2024-09-12

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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.

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