Binance Announcement
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Binance Futures Will Launch USDโ-Margined PHAUSDT and DFUSDT 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 usersโ trading experience, Binance Futures will launch the following perpetual contracts with up to 75x leverage as below:
2024-12-30 11:30 (UTC): PHAUSDT Perpetual Contract2024-12-30 11:45 (UTC): DFUSDT Perpetual Contract
More details on the aforementioned perpetual contracts can be found in the table below:
USDโ-M Perpetual ContractPHAUSDTDFUSDTLaunch Time2024-12-30 11:30 (UTC)2024-12-30 11:45 (UTC)Underlying AssetPhala Network (PHA)*dForce (DF)**Settlement AssetUSDTUSDTTick Size0.000010.00001Capped Funding Rate+2.00% / -2.00%+2.00% / -2.00%Funding Fee Settlement FrequencyEvery Four HoursEvery Four HoursMaximum Leverage75x75xTrading Hours24/724/7Multi-Assets ModeSupportedSupported
*Note that this Futures listing is for Phala Network (PHA) with the contract address here for verification: 0x6c5bA91642F10282b576d91922Ae6448C9d52f4E.
**Note that this Futures listing is for dForce (DF) with the contract address here for verification: 0x431ad2ff6a9c365805ebad47ee021148d6f7dbe0.
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.
TimeMax Funding Rate2024-12-30 12:00 (UTC)+2.00% / -2.00%2024-12-30 16:00 (UTC)+2.00% / -2.00%2024-12-30 20:00 (UTC)+2.00% / -2.00%2024-12-31 00:00 (UTC)+2.00% / -2.00%โฆโฆ
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 PHAUSDT and DFUSDT 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 USDโ-M Futures ContractsLeverage and Margin of USDโ-M Futures Contracts
Binance Futures Fee StructureHow to Select Trading PairsFunding Rate HistoryMark Price and Price IndexMulti-Assets Mode
Thank you for your support!
Binance Team
2024-12-30
Fellow Binancians,
To expand the list of trading choices offered on Binance Futures and enhance usersโ trading experience, Binance Futures will launch the following perpetual contracts with up to 75x leverage as below:
2024-12-30 11:30 (UTC): PHAUSDT Perpetual Contract2024-12-30 11:45 (UTC): DFUSDT Perpetual Contract
More details on the aforementioned perpetual contracts can be found in the table below:
USDโ-M Perpetual ContractPHAUSDTDFUSDTLaunch Time2024-12-30 11:30 (UTC)2024-12-30 11:45 (UTC)Underlying AssetPhala Network (PHA)*dForce (DF)**Settlement AssetUSDTUSDTTick Size0.000010.00001Capped Funding Rate+2.00% / -2.00%+2.00% / -2.00%Funding Fee Settlement FrequencyEvery Four HoursEvery Four HoursMaximum Leverage75x75xTrading Hours24/724/7Multi-Assets ModeSupportedSupported
*Note that this Futures listing is for Phala Network (PHA) with the contract address here for verification: 0x6c5bA91642F10282b576d91922Ae6448C9d52f4E.
**Note that this Futures listing is for dForce (DF) with the contract address here for verification: 0x431ad2ff6a9c365805ebad47ee021148d6f7dbe0.
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.
TimeMax Funding Rate2024-12-30 12:00 (UTC)+2.00% / -2.00%2024-12-30 16:00 (UTC)+2.00% / -2.00%2024-12-30 20:00 (UTC)+2.00% / -2.00%2024-12-31 00:00 (UTC)+2.00% / -2.00%โฆโฆ
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 PHAUSDT and DFUSDT 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 USDโ-M Futures ContractsLeverage and Margin of USDโ-M Futures Contracts
Binance Futures Fee StructureHow to Select Trading PairsFunding Rate HistoryMark Price and Price IndexMulti-Assets Mode
Thank you for your support!
Binance Team
2024-12-30
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.ย See T&Cs.
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