Dear Toobiters，
Toobit has listed LAYER Perpetual Contract on 02/11/2025 UTC, with up to 75x leverage.
| USDⓈ-M Perpetual Contract | LAYERUSDT |
| Underlying Asset | LAYER |
| Settlement Asset | USDT |
| Tick Size | 0.0001 |
| Capped Funding Rate | 2.0000% / -2.0000% |
| Funding Fee Settlement Frequency | every 4 hours |
| Maximum Leverage | 75x |
Please Note:
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The maximum funding rate of the LAYER Perpetual Contract at the time of launch is 2.0000% / -2.0000%
Based on market risk conditions, we may adjust the parameters of each Perpetual Contract from time to time, which may include the minimum price change, maximum leverage, initial margin, and maintenance margin.
Thank you for choosing Toobit for your trading needs. We remain committed to providing the best platform for cryptocurrency enthusiasts!
Toobit Team
02/11/2025
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Toobit reserves the right to modify or cancel this announcement at any time and for any reason without prior notice.
Risk Warning: The prices of digital assets may fluctuate significantly. The value of your investment may increase or decrease, and you may even lose the entire amount invested. You are solely responsible for your investment decisions, and Toobit is not liable for any losses that may occur due to the use of margin trading. This information should not be considered financial or investment advice. Please refer to our Terms of Use and Risk Disclosure for more details.