Dear Users,

AscendEX is excited to launch perpetual futures contracts for Aleo (ALEO), and the futures trading will start on August 27, 3:00 AM UTC, 2024. Details are as follows:

Perpetual Futures Contracts

ALEOUSDT

Underlying Asset

ALEO

Settlement Asset

USDT

Tick Size

0.001 USDT

Lot Size

0.1 ALEO

Max Leverage

5

Multi-Asset Collateral Mechanism

Supported (80% Discount Factor)

Contract Information

ALEOUSDT

Please note that during the listing of a new token, AscendEX will implement the 2-hour protection. From August 27, 1 AM to 3 AM (UTC), only Post-only orders are available for ALEO New Tokens futures trading. Users can place maker orders only, while taker orders will be automatically canceled. Once the protection period ends, normal order matching will resume (starting at 3:00 a.m. on August 27 (UTC).

For details please read:

Thank you for the continued support!

The AscendEX Team

Website: https://ascendex.com/
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