Fellow Binancians,
To expand the list of trading choices offered on Binance Futures and enhance users’ trading experience, Binance Futures will launch the METISUSDT Perpetual Contract and WLDUSDC Perpetual Contract at 2024-03-12 08:30 (UTC) and 2024-03-14 07:00 (UTC) respectively, with up to 75x leverage.
More details on the aforementioned perpetual contracts can be found in the table below:
USDⓈ-M Perpetual Contract METISUSDTWLDUSDCLaunch Time 2024-03-12 08:30 (UTC) 2024-03-14 07:00 (UTC) Underlying AssetMetis (METIS)Worldcoin (WLD)Settlement AssetUSDTUSDCTick Size0.010.0001Capped Funding Rate+2.00% / -2.00%+0.45% / -0.45%Funding Fee Settlement FrequencyEvery Four HoursEvery Eight HoursMaximum Leverage50x75xTrading Hours24/724/7Multi-Assets ModeSupportedSupported
Please Note:
Qualified USDⓢ-margined futures liquidity providers will be eligible to enjoy 0.005% maker fee rebates for trades on the METISUSDT Perpetual Contract for approximately 14 to 15 days. Refer to this announcement for more information.Users will be eligible to enjoy a 10% promotional trading fee discount for all trades on USDC-margined futures contracts until 2024-04-03 12:30 (UTC). Refer to this announcement for more information.Based on market risk conditions, Binance may adjust the specifications of the aforementioned perpetual 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 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 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:
Trading Rules of USDⓈ-M Futures ContractsLeverage and Margin of USDⓈ-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
2024-03-12
Note: This announcement was updated on 2024-03-13 to amend the maximum leverage and capped funding rate of the WLDUSDC Perpetual Contract from 50x and +2.00% / -2.00%, to 75x and +0.45% / -0.45% respectively.