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TRX & YFI & CAKE Perpetual Contract is Now Available on Toobit Futures

Toobit
Dear Toobit Users,
TRXUSDT&YFIUSDT&CAKEUSDT_EN_TW.png
Toobit Futures launched the TRX Perpetual Contract, YFI Perpetual Contract and CAKE Perpetual Contractat 03:45 pm, Nov 22nd, 2023 (UTC), with up to 75 leverage.
 

More details on the TRX & YFI & CAKE Perpetual Contract can be found in the table below:

USDⓈ-M Perpetual Contract TRXUSDT
Launch Time 03:45pm (UTC) Nov 22nd, 2023
Underlying Asset TRX
Settlement Asset USDT
Tick Size 0.00001
Capped Funding Rate
0.5000% / -0.5000%
Funding Fee Settlement Frequency Every eight hours
Maximum Leverage 75x
Trading Hours 24/7
USDⓈ-M Perpetual Contract YFIUSDT
Launch Time 03:45pm (UTC) Nov 22nd, 2023
Underlying Asset YFI
Settlement Asset USDT
Tick Size 1
Capped Funding Rate

0.7500% / -0.7500%
Funding Fee Settlement Frequency Every eight hours
Maximum Leverage 50x
Trading Hours 24/7
USDⓈ-M Perpetual Contract CAKEUSDT
Launch Time 03:45pm (UTC) Nov 22nd, 2023
Underlying Asset CAKE
Settlement Asset USDT
Tick Size 0.0001
Capped Funding Rate

0.7500% / -0.7500%
Funding Fee Settlement Frequency Every four hours
Maximum Leverage 50x
Trading Hours 24/7
Please Note:
  • The maximum funding rate of the TRX Perpetual Contract at the time of launch is
    0.5000% / -0.5000%
  • The maximum funding rate of the YFI Perpetual Contract at the time of launch is 0.7500% / -0.7500%
  • The maximum funding rate of the CAKE Perpetual Contract at the time of launch is 0.7500% / -0.7500%
Based on market risk conditions, Toobit may adjust the specifications of the TRX & YFI & CAKE Perpetual Contract from time to time, which may include the funding fee, tick size, maximum leverage, initial margin, and/or maintenance margin requirements.
 
We at Toobit would like to thank you for your continuous support. Toobit believes in building a crypto ecosystem in a way that promotes transparency and long-term, sustainable growth, and we implore you to undergo this journey with us. Trade safely and wisely.
 
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Toobit reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reason without prior notice.

Risk Warning: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Toobit is not liable for any losses that might arise from your use of Margin. This information should not be regarded as financial or investment advice. For more information, see ourTerms of Use and Risk Warning