To provide more trading options and enhance the user trading experience, MGBX will launch ENAUSDT and USUALUSDT perpetual futures on December 21, 2024, at 20:00 (UTC+8). These futures will offer up to 75x leverage.
Below are the details of the perpetual futures:
| USDT-Margined Perpetual Futures | ENAUSDT | USUALUSDT |
| Launch Time | December 21, 2024 20:00 (UTC+8) | December 21, 2024 20:00 (UTC+8) |
| Underlying Asset | Ethena (ENA) | Usual (USUAL) |
| Settlement Asset | USDT | USDT |
| Tick Size | 0.0001 | 0.0001 |
| Price Precision | 0.0001 | 0.0001 |
| Trading Fee Rate | maker:0.05% taker 0.05% | maker:0.05% taker 0.05% |
| Capped Funding Rate | +0.5%/-0.5% | +0.5%/-0.5% |
| Funding Rate Settlement Frequency | Every four hours | Every four hours |
| Maximum Leverage | 75x |
75x |
| Trading Hours | 24/7 |
24/7 |
Important Notes:
- At launch, the maximum funding rate for the above perpetual futures will be +0.5%/-0.5%.
- 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 key parameters.
MGBX Team
December 21, 2024
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