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Binance Futures Will Launch USDⓈ-M XVS Perpetual Contract with Up to 20X Leverage

12.04.2023
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Fellow Binancians, Binance Futures will launch the USDⓈ-M XVS perpetual contract at 2023-04-13 02:30 (UTC) with up to 20x leverage. More details on the XVSUSDT Perpetual Contract can be found in the table below:

USDⓈ-M Perpetual Contract XVSUSDT
Launch Time 2023-04-13 02:30 (UTC)
Underlying Asset XVS
Settlement Asset USDT
Tick Size 0.001
Capped Funding Rate Clamp (Funding Rate, -0.75 * Maintenance Margin Ratio, 0.75 * Maintenance Margin Ratio)
Max Leverage 20x
Trading Hours 24/7
Multi-Assets Mode Supported

Please note:

  • Based on market risk conditions, Binance may adjust the specifications of the XVSUSDT Perpetual Contract from time to time, which include the tick size, maximum leverage, initial margin, and/or maintenance margin requirements.
  • Multi-Assets Mode allows users to trade the XVSUSDT Perpetual Contract across multiple margin assets, subject to the applicable haircuts. For example, when the Multi-Assets Mode is activated, users can use BTC as margin when trading the XVSUSDT Perpetual Contract.
  • The XVSUSDT Perpetual Contract is subject to the terms of the Binance Terms of Use and the Binance Futures Service Agreement.
  • Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.

Further information:

  • Trading Rules of USDⓈ-M Futures Contracts
  • Leverage and Margin of USDⓈ-M Futures Contracts
  • Binance Futures Fee Structure
  • How to Select Trading Pairs
  • Funding Rate History
  • Mark Price and Price Index
  • Multi-Assets Mode
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CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

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