Fellow Binancians,

To expand the list of trading choices offered on Binance Futures and enhance users’ trading experience, Binance Futures will launch the GUSDT Perpetual Contract at 2024-08-15 12:30 (UTC) and RAREUSDT Perpetual Contract at 2024-08-15 13:00 (UTC) with up to 50x leverage. 

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

USDⓈ-M Perpetual Contracts

GUSDT

RAREUSDT

Launch Time

2024-08-15 12:30 (UTC)

2024-08-15 13:00 (UTC)

Underlying Asset

Gravity (G)

SuperRare (RARE)

Settlement Asset

USDT

USDT

Tick Size

0.00001

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

50x

50x

Trading Hours

24/7

24/7

Multi-Assets Mode

Supported

Supported

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

2024-08-15 16:00 (UTC)

+2.00% / -2.00%

2024-08-15 20:00 (UTC)

+2.00% / -2.00%

2024-08-16 00:00 (UTC)

+2.00% / -2.00%

2024-08-16 04:00 (UTC)

+2.00% / -2.00%

  • Based on market risk conditions, Binance may adjust the specifications of the aforementioned Futures contract(s) 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 Futures contract(s) 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.

  • 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.

Further Information:

Thank you for your support!

Binance Team

2024-08-15