Dear Users,

 

To enhance the user trading experience, AscendEX is excited to adjust the risk limits for perpetual futures contracts as follows: The position’s upper bound for trading pair brackets with leverage of 25x and below will be doubled starting 2:00 a.m. UTC on Aug 25, 2021. Please see below for new risk limits in detail.  

BTC-Perp Risk Limits:

Position Lower Bound

Position Upper Bound

Initial Margin Rate

Maintenance Margin Rate

Max Leverage

0

$50,000

1%

0.6%

100X

$50,000

$200,000

2%

1.2%

50X

$200,000

$2,000,000

4%

2.4%

25X

$2,000,000

$10,000,000

10%

6%

10X

$10,000,000

$20,000,000

20%

12%

5X

$20,000,000

N/A

33.333%

20%

3X

ETH-Perp Risk Limits:

Position Lower Bound

Position Upper Bound

Initial Margin Rate

Maintenance Margin Rate

Max Leverage

0

$25,000

1%

0.6%

100X

$25,000

$100,000

2%

1.2%

50X

$100,000

$1,000,000

4%

2.4%

25X

$1,000,000

$5,000,000

10%

6%

10X

$5,000,000

$10,000,000

20%

12%

5X

$10,000,000

N/A

33.333%

20%

3X

BCH, LINK, DOT, XRP, BNB, SOL, Matic, TRX, ADA-Perp Risk Limits:

Position Lower Bound

Position Upper Bound

Initial Margin Rate

Maintenance Margin Rate

Max Leverage

0

$5000

1%

0.6%

100X

$5,000

$20,000

2%

1.2%

50X

$20,000

$2,000,000

4%

2.4%

25X

$200,000

$1,000,000

10%

6%

10X

$1,000,000

$2,000,000

20%

12%

5X

$2,000,000

N/A

33.333%

20%

3X

DOGE, CSPR, SRM, OMI, FTT, FIL, ETC, VET, ONE, AKT, EGLD, WOO, LTC-Perp Risk Limits:

Position Lower Bound

Position Upper Bound

Initial Margin Rate

Maintenance Margin Rate

Max Leverage

0

$1,000

2%

1.2%

50X

$1,000

$8,000

4%

2.4%

25X

$8,000

$40,000

10%

6%

10X

$40,000

$200,000

20%

12%

5X

$200,000

$400,000

33%

20%

3X

$400,000

N/A

100%

60%

1X

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

 

Thank you for your continued support! 

 

The AscendEX Team