To provide more trading options and enhance the user trading experience, MGBX will launch SANDUSDT、MANAUSDT、CAKEUSDT and DASHUSDT perpetual futures on January 16, 2025 20:00 (UTC+8). These Futures will offer up to 75x leverage.
Below are the details of the perpetual futures:
| USDT-Margined Perpetual Futures | SANDUSDT | MANAUSDT | CAKEUSDT | DASHUSDT |
| Launch Time | January 16, 2025 20:00 (UTC+8) |
January 16, 2025 20:00 (UTC+8) |
January 16, 2025 20:00 (UTC+8) | January 16, 2025 20:00 (UTC+8) |
| Underlying Asset | The Sandbox |
Decentraland |
PancakeSwap （CAKE） |
Dash （DASH） |
| Settlement Asset | USDT | USDT | USDT | USDT |
| Tick Size | 0.00001 | 0.0001 | 0.0001 | 0.01 |
| Price Precision | 0.00001 | 0.0001 | 0.0001 | 0.01 |
| Trading Fee Rate | maker:0.1% taker 0.1% |
maker:0.1% taker 0.1% |
maker:0.05% taker 0.05% |
maker:0.05% taker 0.05% |
| Capped Funding Rate | +0.5%/-0.5% | +0.5%/-0.5% | +2%/-2% | +2%/-2% |
| Funding Fee Settlement Frequency | Every 8 hours | Every 8 hours | Every 4 hours | Every 4 hours |
| Maximum Leverage | 75× | 75× | 75× | 75× |
| TradingTime | 7×24 | 7×24 | 7×24 | 7×24 |
Important Notes:
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
January 15, 2025
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