Dear users,

To further protect users from potential market risk and enhance the trading experience, AscendEX will adjust risk limits for perpetual futures contracts of LINKUSDT, DOTUSDT, BCHUSDT, XRPUSDT, BNBUSDT, SOLUSDT, MATICUSDT, TRXUSDT, ADAUSDT, UNIUSDT, DOGEUSDT, SRMUSDT, FTTUSDT, FILUSDT, ETCUSDT, VETUSDT, ONEUSDT, EGLDUSDT, LTCUSDT, ATOMUSDT, EOSUSDT, BSVUSDT, XTZUSDT, ALGOUSDT and XLMUSDT. The maximum leverage of those future contracts will be reduced to 20X from July 28, 2:00 p.m. UTC. Please see below for details.

Position 

Lower Bound

Position

Upper Bound

Initial

Margin Rate

Maintenance 

Margin Rate

Max 

Leverage

0

20,000

5%

3.00%

20

20,000

100,000

10%

6.00%

10

100,000

500,000

20%

12.00%

5

500,000

2,000,000

33%

20.00%

3

2,000,000

-

100%

60.00%

1

Please note: After the adjustment, the maintenance margin rate for user’s positions will be slightly increased. To avoid the unintended forced liquidation of the positions due to the adjustment as well as the market fluctuation, please timely adjust your leverage and manage all your positions accordingly.

Please read HERE for more information about AscendEX perpetual futures contracts.

Thank you for your continued support!

The AscendEX Team

Website: https://ascendex.com/
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