This is a general announcement and the products and services mentioned here may not be available in your area.

Dear User:

To provide more Binance Futures trading options and enhance the user trading experience, Binance Futures will launch the LUMIAUSDT perpetual contract at 19:30 (ET) on December 18, 2024, with a maximum leverage of 75x:

More information about the LUMIAUSDT perpetual contract is shown in the table below:

U-margin perpetual contract

LUMIAUSDT

Online time

December 18, 2024 19:30 (GMT+8)

Underlying Assets

Lumia (LUMIA)

Settlement assets

USDT

Minimum price change

0.0001

Funding Rate Cap

+2.00% / -2.00%

Funding Settlement Frequency

Every four hours

Maximum leverage

75x

Trading Hours

24/7

Multi-asset model

support

*Note that this contract is Lumia and the address is 0x7F39BcdCa8E0E581c1d43aaa1cB862AA1c8C2047.

Please note:

  • When the LUMIAUSDT perpetual contract is launched, the upper and lower limits of its funding rate are +2.00% / -2.00%;

  • Funding fees are settled every four hours;

Time (GMT+8)

Maximum Funding Rate

December 18, 2024 20:00

+2.00% / -2.00%

December 19, 2024 00:00

+2.00% / -2.00%

December 19, 2024 04:00

+2.00% / -2.00%

December 19, 2024 08:00

+2.00% / -2.00%

  • Based on market risk conditions, Binance may adjust the above contract parameters, including funding rate, minimum price change, maximum leverage, initial margin, maintenance margin and other important parameters;

  • Multi-asset mode supports the above perpetual contracts. The multi-asset mode supports assets other than USDT as margin for LUMIAUSDT perpetual contracts (including valuation discounts). For example: users can use BTC as margin to trade LUMIAUSDT perpetual contracts;

  • The above perpetual contracts are subject to (Binance Terms of Use) and (Binance Futures Service Agreement);

  • There is no correlation between futures and spot listings. Listing a contract on Binance Futures does not guarantee that it will be listed on Binance Spot.

  • There may be discrepancies between the original English version and the translated version. If there are any discrepancies, please refer to the original English version for the latest or most accurate information.

illustrate:

Thank you for your support!

Binance Team

December 18, 2024