Binance Futures Will Launch USDⓈ-Margined AVAUSDT and DEGOUSDT Perpetual Contracts With up to 75x Leverage

2024-12-13 10:39

This is a general announcement. Products and services referred to here may not be available in your region.

Fellow Binancians,

To expand the list of trading choices offered on Binance Futures and enhance users’ trading experience, Binance Futures will launch the following perpetual contracts with up to 75x leverage as below:

  • 2024-12-13 13:00 (UTC): AVAUSDT Perpetual Contract

  • 2024-12-13 13:15 (UTC): DEGOUSDT Perpetual Contract

More details on the aforementioned perpetual contracts can be found in the table below:  

USDⓈ-M Perpetual Contract

AVAUSDT

DEGOUSDT

Launch Time

2024-12-13 13:00 (UTC)

2024-12-13 13:15 (UTC)

Underlying Asset

Travala  (AVA)

Dego Finance (DEGO)

Settlement Asset

USDT

USDT

Tick Size

0.0001

0.0001

Capped Funding Rate

+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-Assets Mode

Supported

Supported

*Note that this Futures listing is for Travala with the contract address here for verification: 0xa6C0c097741D55ECd9a3A7DeF3A8253fD022ceB9.

**Note that this Futures listing is for Dego Finance with the contract address here for verification:0x3da932456d082cba208feb0b096d49b202bf89c8.

Please Note: 

  • The maximum funding rate of the aforementioned perpetual contracts at the time of launch is +2.00% / -2.00%. 

  • The funding fee settlement frequency is every four hours.

Time

Max Funding Rate

2024-12-13 16:00 (UTC)

+2.00% / -2.00%

2024-12-13 20:00 (UTC)

+2.00% / -2.00%

2024-12-14 00:00 (UTC)

+2.00% / -2.00%

2024-12-14 04:00 (UTC)

+2.00% / -2.00%

  • Based on market risk conditions, Binance may adjust the specifications of the aforementioned Futures 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 AVAUSDT and DEGOUSDT 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 Binance Terms of Use and the Binance Futures Service Agreement.

  • Futures and spot token listings are not correlated. A token listed on Binance Futures does not guarantee that it will be listed on Binance Spot.

  • There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.

Further Information:

Thank you for your support!

Binance Team

2024-12-13

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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.

Disclaimer: In compliance with MiCA requirements, from 2024-06-30, unauthorized stablecoins are subject to certain restrictions for EEA users. For more information, please click here

Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Futures trading, in particular, is subject to high market risk and price volatility. You may be called upon at short notice to make additional margin deposits or interest payments. If the required margin deposits or interest payments are not made within the prescribed time, your collateral may be liquidated without your consent. Moreover, you will remain liable for any resulting deficit in your account and interest charged on your account. All of your margin balance may be liquidated in the event of adverse price movement. Past performance is not a reliable predictor of future performance. Before trading, you should make an independent assessment of the appropriateness of the transaction in light of your own objectives and circumstances, including the risks and potential benefits. Consult your own advisers, where appropriate. This information should not be construed as financial or investment advice. To learn more about how to protect yourself, visit our Responsible Trading page. For more information, see our Terms of Use and Risk Warning.