Toobit Futures launched the 1000SATS,1000FLOKI,GLM Perpetual Contract on Mar 7th, 2024 (UTC), with up to 50 leverage.
More details on the 1000SATS,1000FLOKI,GLM Perpetual Contract can be found in the table below:
| USDⓈ-M Perpetual Contract | 1000SATSUSDT | 1000FLOKIUSDT | GLMUSDT |
| Launch Time | 11:12am (UTC) Mar 7th, 2024 | 11:22am (UTC) Mar 7th, 2024 | 11:00am (UTC) Mar 7th, 2024 |
| Underlying Asset | 1000SATS | 1000FLOKI | GLM |
| Settlement Asset | USDT | USDT | USDT |
| Tick Size |
0.0000001
|
0.00001 | 0.0001 |
| Capped Funding Rate |
2.0000% / -2.0000%
|
3.0000% / -3.0000%
|
2.0000% / -2.0000%
|
| Funding Fee Settlement Frequency | Every four hours | Every eight hours | Every four hours |
| Maximum Leverage | 50x | 20x | 50x |
| Trading Hours | 24/7 | 24/7 | 24/7 |
-
The maximum funding rate of the 1000SATS Perpetual Contract at the time of launch is 2.0000% / -2.0000%
-
The maximum funding rate of the 1000FLOKI Perpetual Contract at the time of launch is 3.0000% / -3.0000%
-
The maximum funding rate of the GLM Perpetual Contract at the time of launch is 2.0000% / -2.0000%
Based on market risk conditions, Toobit may adjust the specifications of the1000SATS,1000FLOKI,GLM Perpetual Contract from time to time, which may include the funding fee, tick size, maximum leverage, initial margin, and/or maintenance margin requirements.
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There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.
Toobit reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reason without prior notice.
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