Futures Listing: SHELLUSDT / KAITOUSDT Perpetual Contracts Announcement
Dear Users,
To enhance trading options and improve user experience, SAFEX Futures will list the following perpetual contracts with a maximum leverage of 20x at the scheduled time:
March 6, 2025, 10:00 (UTC): SHELLUSDT Perpetual Contract March 6, 2025, 10:00 (UTC): KAITOUSDT Perpetual Contract
More details about the SHELLUSDT and KAITOUSDT perpetual contracts are as follows:
Listing Time
March 6, 2025, 10:00 (UTC)
March 6, 2025, 10:00 (UTC)
Underlying Asset
SHELL
KAITO
Settlement Asset
USDT
USDT
Minimum Price Movement
0.0001
0.0001
Funding Fee Settlement Frequency
Every 4 hours
Every 4 hours
Maximum Leverage
20x
20x
Trading Hours
24/7
24/7
Please Note:
The funding fee rate for these perpetual contracts is capped at +2.00% / -2.00% and is settled every four hours.
SAFEX reserves the right to adjust contract parameters, including funding rates, minimum price movement, maximum leverage, initial margin, and maintenance margin, based on market risk conditions.
Thank you for your continued support of SAFEX!
SAFEX Team March 6, 2025
Last updated