Toobit Futures launched the BOME Perpetual Contract on Mar 16th, 2024 (UTC), with up to 50 leverage.
More details on the BOME Perpetual Contract can be found in the table below:
| USDⓈ-M Perpetual Contract | BOMEUSDT |
| Launch Time | 01:35pm (UTC) Mar 16th, 2024 |
| Underlying Asset | BOME |
| Settlement Asset | USDT |
| Tick Size |
0.000001
|
| Capped Funding Rate |
2.0000% / -2.0000%
|
| Funding Fee Settlement Frequency | Every Four Hours |
| Maximum Leverage | 50x |
| Trading Hours | 24/7 |
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The maximum funding rate of the BOME Perpetual Contract at the time of launch is 2.0000% / -2.0000%
Based on market risk conditions, Toobit may adjust the specifications of the BOME 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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