Binance Futures expands its trading options by launching MORPHOUSDT and CHILLGUYUSDT perpetual contracts. Traders can access these contracts with up to 75x leverage, enabling advanced strategies with greater flexibility.
These contracts are available starting November 27, 2024, with trading kicking off at:
14:30 UTC for MORPHOUSDT.
14:45 UTC for CHILLGUYUSDT.
Contract Specifications
Contract | MORPHOUSDT | CHILLGUYUSDT |
|---|---|---|
Launch Time | 2024-11-27 at 14:30 UTC | 2024-11-27 at 14:45 UTC |
Underlying Asset | Morpho (MORPHO) | Just a Chill Guy (CHILLGUY) |
Settlement Asset | USDT | USDT |
Tick Size | 0.0001 | 0.0001 |
Funding Rate | ±2.00% | ±2.00% |
Leverage | Up to 75x | Up to 75x |
Trading Hours | 24/7 | 24/7 |
Multi-Assets Mode | Supported | Supported |
Funding and Settlement Details
Funding rates are capped at ±2.00%, with settlements every four hours.
Multi-Assets Mode allows margin trading using multiple assets, including BTC.
Key Features and Considerations
Enhanced Flexibility with Multi-Assets Mode
Binance's Multi-Assets Mode enables users to trade these perpetual contracts using various margin assets. For instance, BTC can serve as collateral for MORPHOUSDT and CHILLGUYUSDT trades.
Dynamic Contract Adjustments
Binance may adjust contract specifications based on market conditions, such as:
Funding fee caps.
Tick sizes and leverage limits.
Margin requirements.
Spot vs. Futures Listings
It's essential to note that token listings on Binance Futures do not guarantee their availability on Binance Spot markets.