Binance Futures Launches MORPHOUSDT and CHILLGUYUSDT Perpetual Contracts

Binance Futures expands its trading options by launching MORPHOUSDT and CHILLGUYUSDT perpetual contracts. Traders can access these contracts with up to 75x leverage, enabling advanced strategies with greater flexibility.These contracts are available starting November 27, 2024, with trading kicking off at:14:30 UTC for MORPHOUSDT.14:45 UTC for CHILLGUYUSDT.Contract SpecificationsContractMORPHOUSDTCHILLGUYUSDTLaunch Time2024-11-27 at 14:30 UTC2024-11-27 at 14:45 UTCUnderlying AssetMorpho (MORPHO)Just a Chill Guy (CHILLGUY)Settlement AssetUSDTUSDTTick Size0.00010.0001Funding Rate±2.00%±2.00%LeverageUp to 75xUp to 75xTrading Hours24/724/7Multi-Assets ModeSupportedSupportedFunding and Settlement DetailsFunding rates are capped at ±2.00%, with settlements every four hours.Multi-Assets Mode allows margin trading using multiple assets, including BTC.Key Features and ConsiderationsEnhanced Flexibility with Multi-Assets ModeBinance's Multi-Assets Mode enables users to trade these perpetual contracts using various margin assets. For instance, BTC can serve as collateral for MORPHOUSDT and CHILLGUYUSDT trades.Dynamic Contract AdjustmentsBinance may adjust contract specifications based on market conditions, such as:Funding fee caps.Tick sizes and leverage limits.Margin requirements.Spot vs. Futures ListingsIt's essential to note that token listings on Binance Futures do not guarantee their availability on Binance Spot markets.