Futures Listing: REDUSDT / GPSUSDT

Dear Users,

To enhance trading options and improve user experience, SAFEX will launch the following perpetual contracts at the scheduled time:

March 12, 2025, 10:00 (UTC): REDUSDT Perpetual Contract March 12, 2025, 10:00 (UTC): GPSUSDT Perpetual Contract

Details:

Parameter
REDUSDT
GPSUSDT

Launch Time

March 12, 2025, 10:00 (UTC)

March 12, 2025, 10:00 (UTC)

Underlying Asset

RED

GPS

Settlement Asset

USDT

USDT

Minimum Price Increment

0.0001

0.0001

Funding Fee Settlement Frequency

Every 4 hours

Every 4 hours

Max Leverage

50x

20x

Trading Hours

24/7

24/7

Important Notes:

  • The funding rate cap for these perpetual contracts is +2.00% / -2.00%, with settlements occurring every 4 hours.

  • SAFEX may adjust parameters, including funding rates, minimum price increments, maximum leverage, initial margin, and maintenance margin, based on market risk conditions.

Thank you for your continued support of SAFEX!

SAFEX Team March 11, 2025

Last updated