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

Dear members of the Binance community!

Binance Futures will launch perpetual COIN-M contract SUIUSD on 09/18/2024 at 13:00 (Kyiv time) with leverage up to 20x. 

More details about the USDⓈ-M Perpetual Contract on SUIUSD can be found in the table below.  

COIN-M Perpetual Contract

SUIUSD

Launch time

09/18/2024 at 1:00 p.m. (Kyiv time) 

The underlying asset

Sui (SUI)

Estimated asset

ABOUT

The size of the teak

0,0001

Maximum financing rate

Clamp (Funding Rate, -0.75 * Maintenance Margin Factor, 0.75 * Maintenance Margin Factor)

Periodicity of financing commission calculations

Every eight hours

Maximum leverage

20x

Trading hours

24/7

Multi-asset mode

Not supported

Please note: 

  • The frequency of financing commission calculations is every eight hours.

  • Depending on market risk conditions, Binance may adjust the specifications of the above futures contracts from time to time, including funding fees, tick size, maximum leverage, initial margin and/or maintenance margin requirements.

  • The SUIUSD Perpetual Contract is governed by the Binance Terms of Service and the Binance Futures Service Agreement.

  • There may be discrepancies in the English translation of this original article. Please refer to the original English version for the latest or most accurate information in case of inconsistencies.

Additional information:

Thank you for your support!

Binance Team

12.09.2024