Dear Users,
To provide more trading options and enhance the user trading experience, MGBX will launch KERNEL/USDT perpetual futures on April 15, 2025, at 18:00 (SGT). These Futures will offer up to 75x leverage.
Below are the details of the perpetual futures:
| USDT-Margined Perpetual Futures | KERNEL/USDT |
| Launch Time | April 15, 2025, at 18:00 (SGT) |
| Underlying Asset | KernelDAO (KERNEL) |
| Project Info | KernelDAO is a restaking ecosystem on Ethereum and BNB Chain with products across restaking and automated reward generation. By enabling shared security and maximizing the utility of staked assets like ETH, BTC, and BNB, it enhances network security, liquidity, and reward generation across its ecosystem. |
| Settlement Asset | USDT |
| Tick Size | 0.0001 |
| Price Precision | 0.0001 |
| Trading Fee Rate | maker:0.05% taker 0.05% |
| Capped Funding Rate | +2.0000%/2.0000% |
| Funding Fee Settlement Frequency | Every 4 hours |
| Maximum Leverage | 75× |
| Trading Time | 7×24 |
Important Notes:
- At launch, The maximum funding rate for the above perpetual futures will be +2%/-2%.
- 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.
Risk Disclaimer
Cryptographic assets offer high growth potential but also come with significant market risks and volatility. We strongly recommend that users make investment decisions independently after fully understanding the risks involved and take full responsibility for their choices.
If you have any questions, please feel free to contact the official MGBX team.
MGBX Team
April 15, 2025
Official Website | 𝕏 | | Telegram (English Group)｜Telegram Channel
Comments
0 comments
Article is closed for comments.