Fellow Binancians,
Binance Futures will close all positions and conduct an automatic settlement on the USDⓈ-M ANTUSDT, DGBUSDT and CTKUSDT perpetual contracts at 2024-04-01 09:00 (UTC). The contracts will be delisted after the settlement is complete.
In addition, Binance Futures will adjust the leverage and margin tiers of the USDⓈ-M ANTUSDT, DGBUSDT and CTKUSDT perpetual contracts at 2024-03-25 10:30 (UTC), as per the tables below. Existing positions opened before the update will be affected. It is strongly advised to adjust the position and leverage prior to the adjustment in order to avoid any potential liquidation.
Updates to Leverage & Margin Tiers:
USDⓈ-M ANTUSDT Perpetual Contract
Previous Leverage and Margin TiersNew Leverage and Margin TiersLeverage Before ChangePosition Before Change (Notional Value in USDT)Maintenance Margin Rate Before ChangeLeverage After ChangePosition After Change (Notional Value in USDT)Maintenance Margin Rate After Change21 - 50x0 < Position ≤ 5,0001.50%21x0 < Position ≤ 5,0001.50%11 - 20x5,000 < Position ≤ 25,0002.50%11 - 20x5,000 < Position ≤ 25,0002.50%6 - 10x25,000 < Position ≤ 100,0005.00%6 - 10x25,000 < Position ≤ 100,0005.00%3 - 5x100,000 < Position ≤ 250,00010.00%3 - 5x100,000 < Position ≤ 250,00010.00%2x250,000 < Position ≤ 1,000,00012.50%2x250,000 < Position ≤ 1,000,00012.50%1x1,000,000 < Position ≤ 3,000,00050.00%1x1,000,000 < Position ≤ 1,500,00050.00%
USDⓈ-M DGBUSDT and CTKUSDT Perpetual Contracts
Previous Leverage and Margin TiersNew Leverage and Margin TiersLeverage Before ChangePosition Before Change (Notional Value in USDT)Maintenance Margin Rate Before ChangeLeverage After ChangePosition After Change (Notional Value in USDT)Maintenance Margin Rate After Change11 - 20x0 < Position ≤ 5,0002.00%11x0 < Position ≤ 5,0002.00%9 - 10x5,000 < Position ≤ 25,0002.50%9 - 10x5,000 < Position ≤ 25,0002.50%6 - 8x25,000 < Position ≤ 100,0005.00%6 - 8x25,000 < Position ≤ 100,0005.00%3 - 5x100,000 < Position ≤ 250,00010.00%3 - 5x100,000 < Position ≤ 250,00010.00%2x250,000 < Position ≤ 1,000,00012.50%2x250,000 < Position ≤ 1,000,00012.50%1x1,000,000 < Position ≤ 3,000,00050.00%1x1,000,000 < Position ≤ 1,500,00050.00%
Please Note:
Users are advised to close any open positions prior to the delisting time to avoid automatic settlement.Users are not allowed to open new positions for the aforementioned contracts starting from 2024-04-01 08:30 (UTC).In order to protect users and prevent potential risks in extremely volatile market conditions, Binance Futures may undertake additional protective measures toward the aforementioned contracts without further announcement, including but not limited to adjusting the maximum leverage value, position value, and maintenance margin in each margin tier, updating funding rates such as the interest rate, premium and capped funding rate, changing the constituents of the price index, and using the Last Price Protected mechanism to update the Mark Price.There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.
For More Information:
Delisting of Futures ContractsTrading Rules of USDⓈ-M Futures ContractsLeverage and Margin of USDⓈ-M Futures ContractsMark Price and Price Index
Thank you for your support!
Binance Team
2024-03-25