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FameEX Will Launch Perpetual Futures Trading for ORDIUSDT and BONKUSDT

FameEX Will Launch Perpetual Futures Trading for ORDIUSDT and BONKUSDT

2024/01/10 11:03:05


Dear FameEX users:


FameEX is scheduled to launch the ORDIUSDT and BONKUSDT perpetual contract at 16:00 (UTC+8) on January, 10, 2024.



View more information about ORDIUSDT and BONKUSDT perpetual contract in the following table:


USDT Perpetual

ORDIUSDT

BONKUSDT

Underlying Asset

ORDI

BONK

Settlement Asset

USDT

USDT

Tick Size

0.001 USDT

0.00000001 USDT

Cap and Floor of Funding Rate

Funding rate= Clamp(MA(((contract best bid price + contract best offer price) / 2 - spot index price) / spot index price-interest) * 100%, -0.75% , 0.75% ), and interest=0

Funding rate= Clamp(MA(((contract best bid price + contract best offer price) / 2 - spot index price) / spot index price-interest) * 100%, -0.75% , 0.75% ), and interest=0

Settlement Duration

8 hours (0:00, 8:00, 16:00 (UTC+8))

8 hours (0:00, 8:00, 16:00 (UTC+8))

Trading Hours

24/7

24/7

Leverage

1-50

1-50

Margin Mode

Cross & Isolated

Cross & Isolated

Position Mode

One-Way Mode & Hedge Mode

One-Way Mode & Hedge Mode

Collateral Mode

Single-Currency & Multi-Currency

Single-Currency & Multi-Currency


Note: FameEX may adjust the above parameters of perpetual contracts from time to time due to the market risk situation, and the adjustment will be made without further notice. Please refer to the real-time parameters.


Risk Warning:Cryptocurrency trading carries a high market risk. It is essential to diligently evaluate these risks and exercise rational judgment regarding your investment capability. Make well-considered investment decisions and proceed with caution. FameEX is not responsible for any losses caused by futures trading.


Thank you for your support! Please stay tuned for more trading pairs on FameEX.


FameEX Team

January 10, 2024




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