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      Binance Futures Will Launch METISUSDT and WLDUSDC 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 METISUSDT Perpetual Contract and WLDUSDC Perpetual Contract at 2024-03-12 08:30 (UTC) and 2024-03-14 07:00 (UTC) respectively,with up to 50x leverage. 

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

      USDⓈ-M Perpetual Contract

      METISUSDT

      WLDUSDC

      Launch Time 

      2024-03-12 08:30 (UTC) 

      2024-03-14 07:00 (UTC) 

      Underlying Asset

      Metis (METIS)

      Worldcoin (WLD)

      Settlement Asset

      USDT

      USDC

      Tick Size

      0.01

      0.0001

      Capped Funding Rate

      2.00% / -2.00%

      2.00% / -2.00%

      Funding Fee Settlement Frequency

      Every Four Hours

      Every Eight Hours

      Maximum Leverage

      50x

      50x

      Trading Hours

      24/7

      24/7

      Multi-Assets Mode

      Supported

      Supported

      Please Note: 

      • Qualified USDⓢ-margined futures liquidity providers will be eligible to enjoy 0.005% maker fee rebates for trades on the METISUSDT Perpetual Contract for approximately 14 to 15 days. Refer to this announcement for more information.

      • Users will be eligible to enjoy a 10% promotional trading fee discount for all trades on USDC-margined futures contracts until 2024-04-03 12:30 (UTC). Refer to this announcement for more information.

      • Based on market risk conditions, Binance may adjust the specifications of the aforementioned perpetual contracts 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 perpetual contracts 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 terms of 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

      2024-03-12

      Read the original article at binance

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