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ZK,MEW and IO Perpetual Contracts are Now Available on Toobit Futures

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Toobit Futures launched the ZK,MEW and IO Perpetual Contract on June 19th, 2024 (UTC), with up to 50 leverage.

MEW、ZK、IO_EN_WEB.png

More details on the ZK,MEW and IO Perpetual Contract can be found in the table below:

USDⓈ-M Perpetual Contract ZKUSDT MEWUSDT IOUSDT
Launch Time June 19th, 2024 June 19th, 2024 6th, 2024 June 19th, 2024
Underlying Asset ZK MEW IO
Settlement Asset USDT USDT USDT
Tick Size 0.0001 0.000001 0.001
Capped Funding Rate
2.0000% / -2.0000%
2.0000% / -2.0000%
2.0000% / -2.0000%
Funding Fee Settlement Frequency every 4 hours every 4 hours

every 4 hours
Maximum Leverage 50x

50x

50x
Please Note:

  • The maximum funding rate of the ZK Perpetual Contract at the time of launch is 2.0000% / -2.0000%

  • The maximum funding rate of the MEW Perpetual Contract at the time of launch is 2.0000% / -2.0000%

  • The maximum funding rate of the IO Perpetual Contract at the time of launch is 2.0000% / -2.0000%

Based on market risk conditions, we may adjust the specifications of the ZK,MEW, IO 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 our Terms of Use and Risk Warning.

 
 
 

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