SAFEX Listing Multiple Popular USDT Perpetual Contracts

Dear users,

In order to provide more trading options for SAFEX contracts and enhance your trading experience, the SAFEX contract platform will launch the following perpetual contracts with a maximum leverage of up to 50x at the specified times:

2024-12-05 10:00 (UTC+8): SANDUSDT Perpetual Contract 2024-12-05 10:00 (UTC+8): XLMUSDT Perpetual Contract 2024-12-05 10:00 (UTC+8): NEARUSDT Perpetual Contract 2024-12-05 10:00 (UTC+8): KSMUSDT Perpetual Contract 2024-12-05 10:00 (UTC+8): FETUSDT Perpetual Contract 2024-12-05 10:00 (UTC+8): HBARUSDT Perpetual Contract 2024-12-05 10:00 (UTC+8): XTZUSDT Perpetual Contract 2024-12-05 10:00 (UTC+8): ALGOUSDT Perpetual Contract 2024-12-05 10:00 (UTC+8): JTOUSDT Perpetual Contract 2024-12-05 10:00 (UTC+8): ONEUSDT Perpetual Contract

More information about the SAND, XLM, NEAR, KSM, FET, HBAR, XTZ, ALGO, JTO, and ONE perpetual contracts is provided in the table below:

Parameter
SANDUSDT
XLMUSDT
NEARUSDT
KSMUSDT
FETUSDT
HBARUSDT
XTZUSDT
ALGOUSDT
JTOUSDT
ONEUSDT

Launch Time

2024-12-05 10:00 (UTC+8)

2024-12-05 10:00 (UTC+8)

2024-12-05 10:00 (UTC+8)

2024-12-05 10:00 (UTC+8)

2024-12-05 10:00 (UTC+8)

2024-12-05 10:00 (UTC+8)

2024-12-05 10:00 (UTC+8)

2024-12-05 10:00 (UTC+8)

2024-12-05 10:00 (UTC+8)

2024-12-05 10:00 (UTC+8)

Underlying Asset

SAND

XLM

NEAR

KSM

FET

HBAR

XTZ

ALGO

JTO

ONE

Settlement Asset

USDT

USDT

USDT

USDT

USDT

USDT

USDT

USDT

USDT

USDT

Minimum Price Change

0.0001

0.0001

0.0001

0.0001

0.0001

0.0001

0.0001

0.0001

0.0001

0.0001

Funding Rate Limit

+2.00% / -2.00%

+2.00% / -2.00%

+2.00% / -2.00%

+2.00% / -2.00%

+2.00% / -2.00%

+2.00% / -2.00%

+2.00% / -2.00%

+2.00% / -2.00%

+2.00% / -2.00%

+2.00% / -2.00%

Funding Fee Settlement Frequency

Every 4 hours

Every 4 hours

Every 4 hours

Every 4 hours

Every 4 hours

Every 4 hours

Every 4 hours

Every 4 hours

Every 4 hours

Every 4 hours

Maximum Leverage

50x

50x

50x

50x

50x

50x

50x

50x

50x

50x

Trading Hours

24/7

24/7

24/7

24/7

24/7

24/7

24/7

24/7

24/7

24/7

Please note that the funding rate limits for the above perpetual contracts are +2.00% / -2.00%, and the funding fee is settled every four hours.

Due to market risk conditions, SAFEX may adjust the above contract parameters, including the funding rate, minimum price change, maximum leverage, initial margin, maintenance margin, and other important parameters.

Thank you for your continued support of SAFEX!

SAFEX Team 12/05/2024

Last updated