Toobit Futures launched the TON Perpetual Contract on April 24th, 2024 (UTC), with up to 50 leverage.
More details on the TON Perpetual Contract can be found in the table below:
| USDⓈ-M Perpetual Contract | TONUSDT |
| Launch Time | 07:25am (UTC) Apr 24th, 2024 |
| Underlying Asset | TON |
| Settlement Asset | USDT |
| Tick Size | 0.0001 |
| Capped Funding Rate |
2.0000% / -2.0000%
|
| Funding Fee Settlement Frequency | every four hours |
| Maximum Leverage | 50x |
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The maximum funding rate of the TON Perpetual Contract at the time of launch is 2.0000% / -2.0000%
Based on market risk conditions, we may adjust the specifications of the TON 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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