SAFEX Now Live with Popular MEME Coin USDT Perpetual Contracts

Dear Users,

To provide more SAFEX contract trading options and enhance user trading experience, SAFEX contract platform will launch the following perpetual contracts, with a maximum leverage of up to 50x:

Launch Time (All Times in UTC+8):

• 2024 December 02, 16:00: GRASSUSDT Perpetual Contract

• 2024 December 02, 16:00: DEGENUSDT Perpetual Contract

• 2024 December 02, 16:00: HIPPOUSDT Perpetual Contract

• 2024 December 02, 16:00: ACTUSDT Perpetual Contract

• 2024 December 02, 16:00: PNUTUSDT Perpetual Contract

• 2024 December 02, 16:00: MOODENGUSDT Perpetual Contract

• 2024 December 02, 16:00: BANUSDT Perpetual Contract

• 2024 December 02, 16:00: SLERFUSDT Perpetual Contract

• 2024 December 02, 16:00: COWUSDT Perpetual Contract

Below is the detailed information regarding the GRASS, DEGEN, HIPPO, ACT, PNUT, MOODENG, BAN, SLERF, and COW perpetual contracts:

Contract Name	GRASSUSDT	DEGENUSDT	HIPPOUSDT	ACTUSDT	PNUTUSDT	MOODENGUSDT	BANUSDT	SLERFUSDT	COWUSDT
Launch Time	2024 Dec 02, 16:00 (UTC+8)	2024 Dec 02, 16:00 (UTC+8)	2024 Dec 02, 16:00 (UTC+8)	2024 Dec 02, 16:00 (UTC+8)	2024 Dec 02, 16:00 (UTC+8)	2024 Dec 02, 16:00 (UTC+8)	2024 Dec 02, 16:00 (UTC+8)	2024 Dec 02, 16:00 (UTC+8)	2024 Dec 02, 16:00 (UTC+8)
Underlying Asset	GRASS	DEGEN	HIPPO	ACT	PNUT	MOODENG	BAN	SLERF	COW
Settlement Asset	USDT	USDT	USDT	USDT	USDT	USDT	USDT	USDT	USDT
Minimum Price Increment	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%
Funding 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
Max Leverage	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

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

Based on market risk conditions, SAFEX may adjust the parameters of the above contracts, including funding rates, minimum price increments, maximum leverage, initial margin, maintenance margin, and other important parameters.

Thank you for your support of SAFEX!

SAFEX Team 2024 December 02