Dear users,

To further protect users from potential market risk and enhance the trading experience, AscendEX will adjust risk limits for perpetual futures contracts of PORT and XPRT. The maximum leverage of PORT and XPRT future contracts will be reduced from 20x to 5x from Feb. 14, 3:00 p.m. UTC. Please see below for details.

Position Lower Bound

Position

Upper Bound

Initial

Margin Rate

Maintenance Margin Rate

Max Leverage

0

100,000

20%

12%

5

100,000

800,000

33%

20%

3

800,000

-

100%

60%

1

 Please note: After the adjustment, the maintenance margin rate for user’s positions will be slightly increased. To avoid the unintended forced liquidation of the positions due to the adjustment as well as the market fluctuation, please timely adjust your leverage and manage all your positions accordingly.

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

Thank you for your continued support!

The AscendEX Team

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