To provide more trading options and enhance the user trading experience, Megabit will launch RAYSOLUSDT、and MEUSDT perpetual futures on December 12, 2024, 20:00 (UTC+8). These Futures will offer up to 75x leverage.
More information about the above perpetual contracts is shown in the table below:
USDT-Margined Perpetual Contracts | RAYSOLUSDT | MEUSDT |
Launch Time | December 12, 2024 20:00 (UTC+8) | December 12, 2024 20:00 (UTC+8) |
Underlying Asset | Raydium (RAY) | Magic Eden(ME) |
Settlement Asset | USDT | USDT |
Tick Size | 0.0001 | 0.001 |
Price Precision | 0.0001 | 0.001 |
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 12, 2024
Megabit Community
Comments
0 comments
Article is closed for comments.