To provide more trading options and enhance the user trading experience, Megabit will launch SUIUSDT and TAOUSDT perpetual futures on December 6, 2024,20:00 (UTC+8). These Futures will offer up to 75x leverage.
Details of the Perpetual Contracts
USDT-Margined Perpetual Futures |
SUIUSDT |
TAOUSDT |
Launch Time |
December 6, 2024, 20:00 (UTC+8) |
December 6, 2024, 20:00 (UTC+8) |
Underlying Asset |
Sui (SUI) |
Bittensor (TAO) |
Settlement Asset |
USDT |
USDT |
Tick Size |
0.0001 |
0.01 |
Price Precision |
0.0001 |
0.01 |
Trading Fee Rate |
Maker: 0.05% / Taker: 0.05% |
Maker: 0.05% / Taker: 0.05% |
Capped Funding Rate |
+0.5% / -0.5% |
+0.5% / -0.5% |
Funding Fee Settlement Frequency |
Every 4 hours |
Every 4 hours |
Maximum Leverage |
75x |
75x |
Trading Time |
24/7 |
24/7 |
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, minimum price increments, maximum leverage, initial margin, maintenance margin, and other critical parameters.
Megabit Team
December 6, 2024
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