SAFEX Now Live with Popular MEME Coin USDT Perpetual Contracts
Dear Users,
To provide more SAFEX contract trading options and enhance user trading experience, SAFEX contract platform will launch the following perpetual contracts, with a maximum leverage of up to 50x:
Launch Time (All Times in UTC+8):
2024 December 02, 16:00: GRASSUSDT Perpetual Contract
2024 December 02, 16:00: DEGENUSDT Perpetual Contract
2024 December 02, 16:00: HIPPOUSDT Perpetual Contract
2024 December 02, 16:00: ACTUSDT Perpetual Contract
2024 December 02, 16:00: PNUTUSDT Perpetual Contract
2024 December 02, 16:00: MOODENGUSDT Perpetual Contract
2024 December 02, 16:00: BANUSDT Perpetual Contract
2024 December 02, 16:00: SLERFUSDT Perpetual Contract
2024 December 02, 16:00: COWUSDT Perpetual Contract
Below is the detailed information regarding the GRASS, DEGEN, HIPPO, ACT, PNUT, MOODENG, BAN, SLERF, and COW perpetual contracts:
Launch Time
2024 Dec 02, 16:00 (UTC+8)
2024 Dec 02, 16:00 (UTC+8)
2024 Dec 02, 16:00 (UTC+8)
2024 Dec 02, 16:00 (UTC+8)
2024 Dec 02, 16:00 (UTC+8)
2024 Dec 02, 16:00 (UTC+8)
2024 Dec 02, 16:00 (UTC+8)
2024 Dec 02, 16:00 (UTC+8)
2024 Dec 02, 16:00 (UTC+8)
Underlying Asset
GRASS
DEGEN
HIPPO
ACT
PNUT
MOODENG
BAN
SLERF
COW
Settlement Asset
USDT
USDT
USDT
USDT
USDT
USDT
USDT
USDT
USDT
Minimum Price Increment
0.0001
0.0001
0.0001
0.0001
0.0001
0.0001
0.0001
0.0001
0.0001
Funding Rate Limit
+2.00% / -2.00%
+2.00% / -2.00%
+2.00% / -2.00%
+2.00% / -2.00%
+2.00% / -2.00%
+2.00% / -2.00%
+2.00% / -2.00%
+2.00% / -2.00%
+2.00% / -2.00%
Funding Settlement Frequency
Every 4 hours
Every 4 hours
Every 4 hours
Every 4 hours
Every 4 hours
Every 4 hours
Every 4 hours
Every 4 hours
Every 4 hours
Max Leverage
50x
50x
50x
50x
50x
50x
50x
50x
50x
Trading Hours
24/7
24/7
24/7
24/7
24/7
24/7
24/7
24/7
24/7
Please note that the funding rate for the above perpetual contracts is capped at +2.00% / -2.00%, and the funding fee will be settled every four hours.
Based on market risk conditions, SAFEX may adjust the parameters of the above contracts, including funding rates, minimum price increments, maximum leverage, initial margin, maintenance margin, and other important parameters.
Thank you for your support of SAFEX!
SAFEX Team 2024 December 02
Last updated