To provide more trading options and enhance the user trading experience, Megabit will launch ACXUSDT 、ORCAUSDT and MOVEUSDT perpetual futures on December 11, 2024, 20:00 (UTC+8). These Futures will offer up to 75x leverage.
Below are the details of the perpetual futures:
USDT-Margined Perpetual Futures | ACXUSDT | ORCAUSDT | MOVEUSDT |
Launch Time | December 11, 2024 20:00 (UTC+8) | December 11, 2024 20:00 (UTC+8) | December 11, 2024 20:00 (UTC+8) |
Underlying Asset | Across Protocol(ACX) | Orca(ORCA) | Movement (MOVE) |
Settlement Asset | USDT | USDT | USDT |
Tick Size |
0.0001 | 0.001 | 0.0001 |
Price Precision |
0.0001 | 0.001 | 0.0001 |
Trading Fee Rate |
maker:0.05% taker 0.05% |
maker:0.05% taker 0.05% |
maker:0.05% taker 0.05% |
Capped Funding Rate |
+0.5%/-0.5% | +0.5%/-0.5% | +0.5%/-0.5% |
Funding Fee Settlement Frequency |
Every 4 hours | Every 4 hours | Every 4 hours |
Maximum Leverage |
75x | 75x | 75x |
Trading Time |
24/7 | 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 11, 2024
Megabit Community
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