According to ChainCatcher, according to the official announcement, Binance will launch the 1000000MOGUSDT perpetual contract at 20:30 (UTC+8) on November 7, 2024, supporting a maximum leverage of 75 times. The underlying asset of the contract is MogCoin (1000000MOG), the settlement asset is USDT, the funding rate settlement frequency is once every four hours, and the maximum funding rate is +2.00%/-2.00%.