Binance Futures has announced the launch of the USDⓈ-margined DEXEUSDT perpetual futures contract with up to 75x leverage.
Binance Futures will launch the DEXEUSDT Perpetual Futures Contract with up to 75x leverage on December 24, 2024 at 14:30 UTC, aiming to improve users’ trading experience and increase trading options.
Contract Details:
USDⓈ-Margined Perpetual Futures Contract: DEXEUSDT
Start Time: December 24, 2024, 14:30
Asset: DeXe (DEXE)
Payment Asset: USDT
Price Step: 0.001
Maximum Funding Rate: +2.00% / -2.00%
Funding Fee Payment Frequency: Every 4 hours
Maximum Leverage: 75x
Trading Hours: 24/7
Multi-Entity Mode: Supported
The initial maximum funding rate is set at +2.00% / -2.00%, and funding charges will be made every four hours.
Maximum Funding Rate Timeline:
December 24, 2024, 15:00 (UTC): +2.00% / -2.00%
December 24, 2024, 19:00 (UTC): +2.00% / -2.00%
December 24, 2024, 23:00 (UTC): +2.00% / -2.00%
December 25, 2024, 03:00 (UTC): +2.00% / -2.00%
DeXe is a protocol that helps build and manage fair, merit-based, and efficient DAOs as a decentralized autonomous organization (DAO). DeXe is a platform operating in the decentralized finance (DeFi) ecosystem, encouraging the rapid and sustainable growth of DAOs, enabling active participation of its members, and ensuring expertise and incentive alignment.
The DeXe Protocol is governed by the DEXE token, which plays a critical role in on-chain governance. Token holders can participate in the DAO’s decision-making processes and contribute to the direction and policies of the organization.
To strengthen its ecosystem, DeXe has partnered with major projects in the blockchain and DeFi space, such as SwissBorg. The protocol’s development is supported by the non-profit DeXe Association, which ensures that DeXe operates in accordance with its goals of fair and merit-based governance.