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      Binance Futures Will Launch DOGSUSD COIN-M Perpetual Contract with up to 20x Leverage

      Fellow Binancians,

      Binance Futures will launch the DOGSUSD COIN-M Perpetual Contract at 2024-09-10 10:00 (UTC),with up to 20x leverage. 

      More details on the DOGSUSD COIN-M Perpetual Contract can be found in the table below:  

      COIN-M Perpetual Contract

      DOGSUSD

      Launch Time

      2024-09-10 10:00 (UTC) 

      Underlying Asset

      Dogs (DOGS)

      Settlement Asset

      DOGS

      Tick Size

      0.0000001

      Capped Funding Rate

      Clamp (Funding Rate, -0.75 * Maintenance Margin Ratio, 0.75 * Maintenance Margin Ratio)

      Funding Fee Settlement Frequency

      Every Eight Hours

      Maximum Leverage

      20x

      Trading Hours

      24/7

      Multi-Assets Mode

      Not Supported

      Please Note: 

      • The funding fee settlement frequency is every eight hours.

      • Based on market risk conditions, Binance may adjust the specifications of the aforementioned futures contract(s) from time to time, which include the funding fee, tick size, maximum leverage, initial margin, and/or maintenance margin requirements.

      • The DOGSUSD Perpetual Contract is subject to the terms of the Binance Terms of Use and the Binance Futures Service Agreement.

      • There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.

      Further Information:

      • Trading Rules of COIN-M Futures Contracts

      • Leverage and Margin of COIN-M Futures Contracts

      • Binance Futures Fee Structure

      • How to Select Trading Pairs

      • Funding Rate History

      • Mark Price and Price Index

      Thank you for your support!

      Binance Team

      2024-09-05

      Read the original article at binance

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