AscendEX is excited to launch perpetual futures contracts for RVN, REEF, GMT, CHZ, DYDX, and FLOW on Sept. 26, 2 PM UTC, 2022. The RVN, REEF, GMT, CHZ, DYDX, and FLOW perpetual futures contracts are denominated and settled in USDT with available leverage up to 5x.
AscendEX now accepts RVN, REEF, GMT, CHZ, DYDX, and FLOW as multi-collateral assets for trading perpetual futures contracts. RVN, REEF, GMT, CHZ, DYDX, and FLOW are discounted by 20% in value when it is used as collateral for futures trading. For example, if CHZ is priced at 0.3 USDT, and users deposit 100 CHZ into their Futures accounts, only 24 USDT worth of CHZ can be used as collateral in the calculation of the initial margin rate and maintenance margin rate.
Users can deposit RVN, REEF, GMT, CHZ, DYDX, and FLOW in their futures account to be used as collateral when trading all USDT-margined Futures, other than USDT、USDC、USDP、BTC、ETH、ADA、ATOM、BCH、BNB、BSV、DOT、EOS、LINK、LTC、MATIC、TRX、UNI、XRP、ALGO、BAND、CSPR、DOGE、EGLD、ETC、FIL、FTT、IOST、KAVA、ONE、SOL、SRM、VET、WOO、XLM、XTZ、AKT、XPRT、SHIB、FTM、OMI、FIDA、ZIL、APE、AVAX、NEAR and AXS。
Thank you for the continued support!
The AscendEX Team