This is a general announcement and the products and services mentioned here may not be available in your area.

Dear User:

To provide more Binance Futures trading options and enhance user trading experience, Binance Futures will launch CATIUSDT and HMSTRUSDT perpetual contracts at 18:30 (ET on September 20, 2024) and 20:30 (ET on September 26, 2024), respectively, with a maximum leverage of 75x.

More information about the above perpetual contracts is shown in the table below:

U-margin perpetual contract

CATIUSDT

HMSTRUSDT

Online time

September 20, 2024, 18:30 (GMT+8)

September 26, 2024 20:30 (GMT+8)

Underlying Assets

Catizen (CATI)

Hamster Kombat (HMSTR)

Settlement assets

USDT

USDT

Minimum price change

To be determined

To be determined

Funding Rate Cap

+2.00% / -2.00%

+2.00% / -2.00%

Funding Settlement Frequency

Every four hours

Every four hours

Maximum leverage

75x

75x

Trading Hours

24/7

24/7

Multi-asset model

support

support

Please note:

  • When the above perpetual contracts are launched, the upper and lower limits of the funding rate are +2.00% / -2.00%;

  • Funding fees are settled every four hours;

  • Based on market risk conditions, Binance may adjust the above contract parameters, including funding rate, minimum price change, maximum leverage, initial margin, maintenance margin and other important parameters;

  • This announcement will be updated once the price change units of the above perpetual contracts are confirmed.

  • The multi-asset model supports the above perpetual contracts. The multi-asset model supports assets other than USDT as margin for CATIUSDT and HMSTRUSDT perpetual contracts (including valuation discounts). For example: users can use BTC as margin to trade the above perpetual contracts;

  • The above USDT-margined contracts are subject to the Binance Terms of Use and Binance Futures Service Agreement;

  • There may be discrepancies between the original English version and the translated version. If there are any discrepancies, please refer to the original English version for the latest or most accurate information.

illustrate:

  • U-standard contract trading rules

  • Leverage and Margin for U-margin Contracts

  • How to switch contract trading pairs

  • Binance Futures Trading Fee Schedule

  • Mark Price vs Index Price

  • Funding Rate History

  • Multi-asset model

Thank you for your support!

Binance Team

September 16, 2024

Note: This announcement has been updated on September 16, 2024 to clarify that the minimum price fluctuation of the above perpetual contracts will be updated after it is determined.