Binance Futures Will Launch Coin-Margined ENS Perpetual Contracts with Up to 20X Leverage

Fellow Binancians,

Binance Futures will launch coin-margined ENS perpetual contracts with up to 20x leverage on 2022-08-02, 12:00 (UTC). More details may be found in the table below:

Coin-Margined Perpetual Contracts	ENSUSD
Launch Time	2022-08-02, 12:00 (UTC)
Settlement Asset	ENS
Face Value	10 USD
Tick Size	0.001
Capped Funding Rate	Clamp (Funding Rate, -0.75 * Maintenance Margin Ratio, 0.75 * Maintenance Margin Ratio)
Max Leverage	20x
Trading Hours	24/7
Multi-Asset Mode	Not Supported

Please Note:

ENS perpetual contracts are coin-margined futures contracts that use ENS as collateral.
Based on market risk conditions, Binance may adjust the settings of these contracts from time to time.

Further Information:

Trading Rules of COIN-M Futures Contracts
Leverage and Margin of COIN-M Futures Contracts
Binance Futures Fee Schedule
How to Select Trading Pairs
Price Index

Thanks for your support!

Binance Team

2022-08-01

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Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.

Risk Warning: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Futures trading, in particular, is subject to high market risk and price volatility. All of your margin balance may be liquidated in the event of adverse price movement. Past performance is not a reliable predictor of future performance. Before trading, you should make an independent assessment of the appropriateness of the transaction in light of your own objectives and circumstances, including the risks and potential benefits. Consult your own advisers, where appropriate. This information should not be construed as financial or investment advice. To learn more about how to protect yourself, visit our Responsible Trading page. For more information, see our Terms of Use and Risk Warning.

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