- WAVESUSDT (USDⓈ-M Perpetual Contracts)
|Previous Leverage and Margin Tiers||New Leverage and Margin Tiers|
|Leverage (Before Change)||Position Before Change (Notional Value in USDT)||Maintenance Margin Rate (Before Change)||Leverage After Change||Position After Change (Notional Value in USDT)||Maintenance Margin Rate (After Change)|
|21 — 25x||0 < Position ≤ 5,000||1.00%||11 — 20x||0 < Position ≤ 5,000||2.00%|
|11 — 20x||5,000 < Position ≤ 25,000||2.50%||9 — 10x||5,000 < Position ≤ 25,000||2.50%|
|6 — 10x||25,000 < Position ≤ 100,000||5.00%||6 — 8x||25,000 < Position ≤ 100,000||5.00%|
|3 — 5x||100,000 < Position ≤ 250,000||10.00%||3 — 5x||100,000 < Position ≤ 250,000||10.00%|
|2x||250,000 < Position ≤ 1,000,000||12.50%||2x||250,000 < Position ≤ 1,000,000||12.50%|
|1x||1,000,000 < Position ≤ 5,000,000||50.00%||1x||1,000,000 < Position ≤ 3,000,000||50.00%|
- It is important to note that the maintenance margin change will directly affect liquidation price. Users who hold existing positions of USDⓈ-M WAVESUSDT Perpetual Contract will be affected. To avoid being liquidated (i.e. margin ratio hits 100%), please add more margin to your USDⓈ-M Futures account or reduce your positions. It is recommended to control the margin ratio below 80%.
- Maintenance margin rate change will affect the funding rates of the USDⓈ-M WAVESUSDT Perpetual Contract. For more details on funding rate, please refer to Introduction to Binance Futures Funding Rates.
- Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.