Binance Futures Will Launch USDⓈ-Margined SLERFUSDT and SCRTUSDT Perpetual Contracts With up to 75x Leverage
This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
To expand the list of trading choices offered on Binance Futures and enhance users’ trading experience, Binance Futures will launch the SLERFUSDT and SCRTUSDT Perpetual Contracts at 2024-11-21 11:30 (UTC) with up to 75x leverage.
More details on the aforementioned perpetual contracts can be found in the table below:
USDⓈ-M Perpetual Contract
SLERFUSDT
SCRTUSDT
Launch Time
2024-11-21 11:30 (UTC)
2024-11-21 11:30 (UTC)
Underlying Asset
SLERF (SLERF)*
Secret (SCRT)**
Settlement Asset
USDT
USDT
Tick Size
0.0001
0.0001
Capped Funding Rate
+2.00% / -2.00%
+2.00% / -2.00%
Funding Fee Settlement Frequency
Every Four Hours
Every Four Hours
Maximum Leverage
75x
75x
Trading Hours
24/7
24/7
Multi-Assets Mode
Supported
Supported
*Note that this Futures listing is for “SLERF” (SLERF) with the contract address here for verification: 7BgBvyjrZX1YKz4oh9mjb8ZScatkkwb8DzFx7LoiVkM3.
**Note that this Futures listing is for “Secret” (SCRT) with the contract address here for verification: ibc/0954E1C28EB7AF5B72D24F3BC2B47BBB2FDF91BDDFD57B74B99E133AED40972A.
Please Note:
The maximum funding rate of the aforementioned perpetual contracts at the time of launch is +2.00% / -2.00%.
The funding fee settlement frequency is every four hours.
Time
Max Funding Rate
2024-11-21 12:00 (UTC)
+2.00% / -2.00%
2024-11-21 16:00 (UTC)
+2.00% / -2.00%
2024-11-21 20:00 (UTC)
+2.00% / -2.00%
2024-11-22 00:00 (UTC)
+2.00% / -2.00%
…
…
Based on market risk conditions, Binance may adjust the specifications of the aforementioned Futures contracts from time to time, which include the funding fee, tick size, maximum leverage, initial margin, and/or maintenance margin requirements.
Multi-Assets Mode allows users to trade the aforementioned SLERFUSDT and SCRTUSDT perpetual contracts across multiple margin assets, subject to the applicable haircuts. For example, when the Multi-Assets Mode is activated, users can use BTC as margin when trading the aforementioned perpetual contracts.
The aforementioned perpetual contracts are subject to the Binance Terms of Use and the Binance Futures Service Agreement.
Futures and spot token listings are not correlated. A token listed on Binance Futures does not guarantee that it will be listed on Binance Spot.
There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.
Further Information:
Trading Rules of USDⓈ-M Futures Contracts
Leverage and Margin of USDⓈ-M Futures Contracts
Binance Futures Fee Structure
How to Select Trading Pairs
Funding Rate History
Mark Price and Price Index
Multi-Assets Mode
Thank you for your support!
Binance Team
2024-11-21
