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      Binance Futures Will Launch USDC-Margined ENA, ETHFI, and 1000BONK Perpetual Contracts With Up to 50x Leverage

      Fellow Binancians,

      To expand the list of trading choices offered on Binance Futures and enhance users’ trading experience, Binance Futures will launch the ENAUSDC Perpetual Contract at 2024-05-02 07:00 (UTC), ETHFIUSDC Perpetual Contract at 2024-05-02 07:15 (UTC) and 1000BONKUSDC Perpetual Contract at 2024-05-02 07:30 (UTC),with up to 50x leverage. 

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

      USDⓈ-M Perpetual Contracts

      ENAUSDC

      ETHFIUSDC

      1000BONKUSDC

      Launch Time

      2024-05-02 07:00 (UTC)

      2024-05-02 07:15 (UTC)

      2024-05-02 07:30 (UTC)

      Underlying Asset

      Ethena (ENA)

      ether.fi (ETHFI)

      Bonk (BONK)

      Settlement Asset

      USDC

      USDC

      USDC

      Tick Size

      0.0001

      0.0001

      0.000001

      Capped Funding Rate

      2.0000% / -2.0000%

      2.0000% / -2.0000%

      2.0000% / -2.0000%

      Funding Fee Settlement Frequency

      Every Four Hours

      Every Four Hours

      Every Four Hours

      Maximum Leverage

      50x

      50x

      50x

      Trading Hours

      24/7

      24/7

      24/7

      Multi-Assets Mode

      Supported

      Supported

      Supported

      Please Note: 

      • Starting from 2024-04-03 12:30 (UTC),users will enjoy zero maker fees and a 0.017% taker fee for all trades on USDC-margined futures contracts.Refer to this announcement for more information.

      • 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:

      • 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

      Thank you for your support!

      Binance Team

      2024-04-30

      Read the original article at binance

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