To provide more trading options and enhance the user trading experience, Megabit will launch ENAUSDT and USUALUSDT perpetual futures on December 21, 2024, at 20:00 (UTC+8). These futures will offer up to 75x leverage.
Below are the details of the perpetual futures:
USDT-Margined Perpetual Futures | ENAUSDT | USUALUSDT |
Launch Time | December 21, 2024 20:00 (UTC+8) | December 21, 2024 20:00 (UTC+8) |
Underlying Asset | Ethena (ENA) | Usual (USUAL) |
Settlement Asset | USDT | USDT |
Tick Size | 0.0001 | 0.0001 |
Price Precision | 0.0001 | 0.0001 |
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 Rate Settlement Frequency | Every four hours | Every four hours |
Maximum Leverage |
75x |
75x |
Trading Hours |
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 key parameters.
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