To provide more trading options and enhance the user trading experience, Megabit will launch XLMUSDT and FTMUSDT perpetual futures on December 28, 2024, at 14:00 (UTC+8). These Futures will offer up to 75x leverage.
Below are the details of the perpetual futures:
USDT-Margined Perpetual Contracts | XLMUSDT | FTMUSDT |
Launch Time | December 28, 2024 14:00 (UTC+8) | December 28, 2024 14:00 (UTC+8) |
Underlying Asset |
Stellar Lumens (XLM) |
Famtom (FTM) |
Settlement Asset | USDT | USDT |
Minimum Price Movement | 0.00001 | 0.0001 |
Price Precision | 0.00001 | 0.0001 |
Fee Rate | maker:0.05% taker 0.05% | maker:0.05% taker 0.05% |
Funding Rate Cap | +0.5%/-0.5% | +0.5%/-0.5% |
Funding Rate Settlement Frequency | Every 4 hours | Every 4 hours |
Maximum Leverage |
75x |
75x |
Trading Hours |
24/7 |
24/7 |
Please note:
• When the above perpetual contract is launched, its funding rate upper and lower limits are +0.5%/-0.5%;
• Funding fees are settled every four hours;
• According to market risk conditions, Megabit reserves the right to adjust contract parameters, including funding rate, minimum price change, maximum leverage, initial margin, maintenance margin and other important parameters.
Megabit Team
December 28, 2024
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