Binance Futures Will Launch USDⓈ-M UMA Perpetual Contract With Up to 20X Leverage

Binance Futures will launch the USDⓈ-M UMA perpetual contract at 2023-05-10 12:30 (UTC),with up to 20x leverage. 

More details on the UMAUSDT Perpetual Contract can be found in the table below:  

Please note: 

• Based on market risk conditions, Binance may adjust the specifications of the UMAUSDT Perpetual Contract from time to time, which include the tick size, maximum leverage, initial margin, and/or maintenance margin requirements.

• Multi-Assets Mode allows users to trade the UMAUSDT Perpetual Contract 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 UMAUSDT Perpetual Contract. 

• The UMAUSDT Perpetual Contract is subject to the terms of the Binance Terms of Use and the Binance Futures Service Agreement.

• Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.

Further information:

• Trading Rules of USDⓈ-M Futures Contracts

• Leverage and Margin of USDⓈ-M Futures Contracts

• Binance Futures Fee Structure

• How to Select Trading Pairs

• Funding Rate History

• Mark Price and Price Index

• Multi-Assets Mode

Thanks for your support!

Binance Team

2023-05-09

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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.

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