Binance will launch 1,000,000 MOGUSDT perpetual contracts, supporting 75x leverage

Odaily News According to the official announcement, Binance will launch a 1,000,000 MOGUSDT perpetual contract at 12:30 (UTC) on November 7, 2024, supporting a maximum leverage of 75 times. The underlying asset of the contract is MogCoin (1,000,000 MOG), the settlement asset is USDT, the funding rate settlement frequency is once every four hours, and the maximum funding rate is +2.00%/-2.00%.