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Binance Futures Will Launch BUSD-Margined WAVE and LINK Perpetual Contracts with Up to 20X Leverage

Fellow Binancians, Binance Futures will launch BUSD-margined WAVE and LINK perpetual contracts with up to 20x leverage on 2022-06-29 02:45 AM (UTC) and 2022-06-30 02:45 AM (UTC) respectively. More details may be found in the table below:

BUSD-Margined Perpetual Contracts WAVEBUSD LINKBUSD
Launch Time 2022-06-29 02:45 (UTC) 2022-06-30 02:45 (UTC)
Settlement Asset BUSD BUSD
Face Value 1 WAVE 1 LINK
Tick Size 0.001 0.001
Capped Funding Rate Clamp (Funding Rate, -0.75 * Maintenance Margin Ratio, 0.75 * Maintenance Margin Ratio) Clamp (Funding Rate, -0.75 * Maintenance Margin Ratio, 0.75 * Maintenance Margin Ratio)
Max Leverage 20x 20x
Trading Hours 24/7 24/7
Multi-Asset Mode Supported Supported

Please note:

  • WAVEBUSD and LINKBUSD perpetual contracts are BUSD-margined futures contracts that use BUSD as collateral. Users will be able to select between 1-20x leverage.
  • Based on market risk conditions, Binance may adjust the settings of these contracts from time to time.
  • The Multi-Asset Mode allows users to trade USDⓈ-M perpetual contracts across multiple margin assets. Users can use USDT as margin when trading BUSD-margined perpetual contracts.

   

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