Toobit Futures launched the PHB,FLOW,ACH and SXP Perpetual Contract on June 27th, 2024 (UTC), with up to 25 leverage.
More details on the PHB,FLOW,ACH and SXP Perpetual Contract can be found in the table below:
| USDⓈ-M Perpetual Contract | PHBUSDT | FLOWUSDT | ACHUSDT | SXPUSDT |
| Launch Time | June 27th, 2024 | June 27th, 2024 | June 27th, 2024 | June 27th, 2024 |
| Underlying Asset | PHB | FLOW | ACH | SXP |
| Settlement Asset | USDT | USDT | USDT | USDT |
| Tick Size | 0.0001 | 0.001 | 0.000001 | 0.0001 |
| Capped Funding Rate |
3.0000% / -3.0000%
|
3.0000% / -3.0000%
|
3.0000% / -3.0000%
|
3.0000% / -3.0000%
|
| Funding Fee Settlement Frequency | every 8 hours | every 8 hours |
every 8 hours |
every 8 hours |
| Maximum Leverage | 20x |
20x |
20x |
25x |
Please Note:
-
The maximum funding rate of the PHB Perpetual Contract at the time of launch is 3.0000% / -3.0000%
-
The maximum funding rate of the FLOW Perpetual Contract at the time of launch is 3.0000% / -3.0000%
-
The maximum funding rate of the ACH Perpetual Contract at the time of launch is 3.0000% / -3.0000%
-
The maximum funding rate of the SXP Perpetual Contract at the time of launch is 3.0000% / -3.0000%
Based on market risk conditions, we may adjust the specifications of the PHB,FLOW,ACH and SXP 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 to modify or cancel this announcement at any time and for any reason without prior notice.
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