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

Fellow Binancians,

Binance Futures will launch the WIFUSD COIN-M Perpetual Contract at 2024-07-23 12:00 (UTC),with up to 20x leverage.

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

COIN-M Perpetual Contract	WIFUSD
Launch Time	2024-07-23 12:00 (UTC)
Underlying Asset	Dogwifhat (WIF)
Settlement Asset	WIF
Tick Size	0.0001
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 WIFUSD 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.