To provide more trading options and enhance the user trading experience, MGBX will launch DOGSUSDT perpetual future on August 26, 2024, at 20:30 (UTC+8). This Future will offer up to 100x leverage.
Below are the details of the perpetual future:
| USDT-Margined Perpetual Futures | DOGSUSDT |
| Launch Time | August 26, 2024, 20:30 (UTC+8) |
| Underlying Asset | DOGS Perpetual Contract (DOGSUSDT) |
| Settlement Asset | USDT |
| Tick Size | To Be Determined |
| Price Precision | To Be Determined |
| Trading Fee Rate | maker: 0.05% taker: 0.05% |
| Capped Funding Rate | +2.00%/-2.00% |
| Funding Fee Settlement Frequency | Every 4 hours |
| Maximum Leverage | 100x |
| Trading Hours | 24/7 |
Important Notes:
- At launch, The maximum funding rate for the above perpetual futures will be +2.00%/-2.00%.
- The funding fee settlement frequency is every four hours.
- Based on market risk conditions, MGBX reserves the right to adjust futures parameters, including funding rates, minimum price increments, maximum leverage, initial margin, maintenance margin, and other critical parameters.
MGBX Team
August 25, 2024
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