Dear Toobiters，
Toobit has listed SQD and TAIKO Perpetual Contracts on 2025-06-11 (UTC), with up to 50x leverage.
For more details on SQD and TAIKO Perpetual Contracts, please refer to the table below:
| USDⓈ-M Perpetual Contract |
SQDUSDT
|
TAIKOUSDT
|
| Underlying Asset |
SQD
|
TAIKO
|
| Settlement Asset | USDT | USDT |
| Capped Funding Rate | 2.0000% / -2.0000% | 2.0000% / -2.0000% |
| Tick Size | 0.0001 | 0.00001 |
| Funding Fee Settlement Frequency | every 4 hours | every 4 hours |
| Maximum Leverage | 50x | 50x |
Please Note:
-
The maximum funding rate of the SQD Perpetual Contract at the time of launch is 2.0000% / -2.0000%
-
The maximum funding rate of the TAIKO 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
2025-06-11
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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.