Toobit Lists INITUSDT Perpetual Contract – Toobit

Dear Toobiters，

Toobit has listed INIT Perpetual Contract on 2025-04-24 (UTC), with up to 75x leverage.

Trade Now: INITUSDT

For more details on INIT Perpetual Contract, please refer to the table below:

USDⓈ-M Perpetual Contract	INITUSDT
Underlying Asset	INIT
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:

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

To protect user rights and interests and mitigate risks under extreme market conditions, Toobit may periodically adjust parameters for perpetual contracts based on market risk assessments. These adjustments may include but are not limited to: minimum price movement unit, maximum leverage, initial margin, maintenance margin, and funding rates. No separate announcements will be issued for such parameter updates. For the latest details, please refer to the specifications on the trading interface.

Thank you for choosing Toobit for your trading needs. We remain committed to providing the best platform for cryptocurrency enthusiasts!

Toobit Team

2025-04-24

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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.

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