To provide more trading options and enhance the user trading experience, Megabit will launch PNUTUSDT and ACTUSDT perpetual futures on November 17, 2024, at 10:00 (UTC+8). These futures will offer up to 75x leverage.
Below are the details of the perpetual futures:
USDT-Margined Perpetual Contract |
PNUTUSDT |
ACTUSDT |
Launch Time |
November 17, 2024, 10:00 (UTC+8) |
November 17, 2024, 10:00 (UTC+8) |
Underlying Asset |
Peanut the Squirrel (PNUT) |
Act I: The AI Prophecy (ACT) |
Settlement Asset |
USDT |
USDT |
Tick Size |
0.00001 |
0.00001 |
Price Precision |
0.00001 |
0.00001 |
Trading Fee Rate |
Maker: 0.1% Taker: 0.1% |
Maker: 0.1% Taker: 0.1% |
Capped Funding Rate |
+0.5%/-0.5% |
+0.5%/-0.5% |
Funding Fee Settlement Frequency |
Every 4 hours |
Every 4 hours |
Maximum Leverage |
75× |
75× |
Trading Hours |
7×24 |
7×24 |
Important Notes:
- At launch, the maximum funding rate for the above perpetual futures will be +0.5%/-0.5%.
- The funding fee settlement frequency is every four hours.
- Based on market risk conditions, Megabit reserves the right to adjust futures parameters, including funding rates, tick sizes, maximum leverage, initial margin, maintenance margin, and other critical parameters.
Megabit Team
October 16, 2024
Megabit Community
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