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Binance Futures Will Launch USDⓈ-M USDC Perpetual Contract with Up to 30x Leverage
Fellow Binancians, Binance Futures will launch USDⓈ-M USDC perpetual contract at 2023-03-12 17:00 (UTC) with up to 30x leverage. More details on USDCUSDT Perpetual Contract can be found in the table below:
| USDⓈ-M Perpetual Contract | USDCUSDT |
| Launch Time | 2023-03-12 17:00 (UTC) |
| Underlying Asset | USDC |
| Settlement Asset | USDT |
| Tick Size | 0.00001 |
| Capped Funding Rate | Clamp (Funding Rate, -0.75 * Maintenance Margin Ratio, 0.75 * Maintenance Margin Ratio) |
| Max Leverage | 30x |
| Trading Hours | 24/7 |
| Multi-Asset Mode | Supported |
Please note:
- Based on market risk conditions, Binance may adjust the specifications of the contracts from time to time, which include the tick size, maximum leverage, initial margin, and/or maintenance margin requirements.
- Multi-Asset Mode allows users to trade USDCUSDT Perpetual Contract across multiple margin assets, subject to the applicable haircuts. For example, when the Multi-Asset Mode is activated, users can use BTC as margin when trading USDCUSDT Perpetual Contract.
- USDCUSDT 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
- Price Index
- Multi-Asset Mode
