This is a general announcement, and the products and services mentioned here may not be applicable to your region.

Dear users:

To provide more Binance contract trading options and enhance user trading experience, the Binance contract platform will launch perpetual contracts at the following times, with maximum leverage of up to 75x:

  • November 27, 2024, 22:30 (GMT+8):MORPHOUSDT Perpetual contract

  • November 27, 2024, 22:45 (GMT+8):CHILLGUYUSDT Perpetual contract

More information about the MORPHOUSDT and CHILLGUYUSDT perpetual contracts is shown in the table below:

U-based perpetual contracts

MORPHOUSDT

CHILLGUYUSDT

Launch time

November 27, 2024, 22:30 (GMT+8)

November 27, 2024, 22:45 (GMT+8)

Underlying asset

Morpho (MORPHO)

Just a chill guy (CHILLGUY)

Settlement asset

USDT

USDT

Minimum tick size

0.0001

0.0001

Funding rate limit

+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-asset mode

Supported

Supported

*Please note, this contract is Morpho, address is 0x58D97B57BB95320F9a05dC918Aef65434969c2B2.

**Please note, this contract is Just a chill guy, address is Df6yfrKC8kZE3KNkrHERKzAetSxbrWeniQfyJY4Jpump.


Please note:

  • When the MORPHOUSDT and CHILLGUYUSDT perpetual contracts go live, their funding rate limits will be +2.00% / -2.00%;

  • Funding fees are settled every four hours;

Time (GMT+8)

Maximum funding rate

November 28, 2024, 00:00

+2.00% / -2.00%

November 28, 2024, 04:00

+2.00% / -2.00%

November 28, 2024, 08:00 

+2.00% / -2.00%

November 28, 2024, 12:00

+2.00% / -2.00%

  • Depending on market risk conditions, Binance may adjust the parameters of the above contracts, including adjustments to funding rates, minimum tick sizes, maximum leverage, initial margin, maintenance margin, and other important parameters;

  • Multi-asset mode supports the above perpetual contracts. Multi-asset mode allows other assets besides USDT to be used as margin for MORPHOUSDT and CHILLGUYUSDT perpetual contracts (including valuation discounts). For example: users can use BTC as margin to trade MORPHOUSDT and CHILLGUYUSDT perpetual contracts;

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

  • Contracts and spot listings are not related. Contracts launched on Binance contracts do not guarantee that they will be listed on Binance spot;

  • There may be differences between the original English announcement and the translated version. In case of any discrepancies, please refer to the English version for the most up-to-date or accurate information.

Note:

Thank you for your support of Binance!

Binance Team

November 27, 2024