AscendEX Futures offers USDT-margined perpetual futures products, commonly known as linear futures. These futures are quoted and settled in USDT. Perpetual futures are financial derivatives that bridge the gap between spot trading and futures contracts. Unlike traditional futures contracts, perpetual futures do not have an expiration or settlement date. As long as the trader's account has sufficient margin to avoid forced liquidation, they can hold long or short positions indefinitely (hence "perpetual").

 

Perpetual Futures Specification

SymbolBTCUSDT, ETHUSDT, etc
TermNo expiration date
Underlying AssetBTC, ETH and other base currencies
Settlement CurrencyUSDT
Leverage1–200X
Trading FeeTrading Fee; Funding Fee
Margin MechanismMulti-Asset Collateral

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Quick Guide>

1. AscendEX Futures: Beginners’ Guide

2. Trading specification

3. Copy trading

4. Futures Bonus