Dear users,

To enhance the trading experience for users, AscendEX is excited to adjust initial margin rate and maximum leverage for perpetual futures contracts of AKT, CSPR, IOST, OMI and WOO. Please see below for details.

Position Lower Bound

Position Upper Bound

Initial Margin Rate

Maintenance Margin Rate

Max Leverage

$0

$1,000

10%

1.2%

20X

$1,000

$8,000

10%

2.4%

20X

$8,000

$80,000

10%

6%

10X

$80,000

$400,000

20%

12%

5X

$400,000

$800,000

33%

20%

3X

$800,000

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