Binance Futures Will Launch Coin-Margined OP Perpetual Contracts with Up to 20X Leverage



Fellow Binancians,

Binance Futures will launch coin-margined OP perpetual contracts with up to 20x leverage on 2022-07-29 12:00 (UTC). More details may be found in the table below:

Coin-Margined Perpetual Contracts

OPUSD

Launch Time

2022-07-29 12:00 (UTC)

Settlement Asset

OP

Face Value

10 USD

Tick Size

0.0001

Capped Funding Rate

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

Max Leverage

20x

Trading Hours

24/7

Multi-Asset Mode

Not Supported

Please note:

  • OP perpetual contracts are coin-margined futures contracts that use OP as collateral.
  • Based on market risk conditions, Binance may adjust the settings of these contracts from time to time.

Further information:

  • Trading Rules of COIN-M Futures Contracts
  • Leverage and Margin of COIN-M Futures Contracts
  • Binance Futures Fee Schedule
  • How to Select Trading Pairs
  • Price Index

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