AscendEX is excited to launch perpetual futures contracts for Aptos (APT) on October 20, 1 AM UTC, 2022. The APT perpetual futures contract is denominated and settled in USDT with available leverage up to 5x.
AscendEX will open APT/USDT spot trading soon and upon listing, AscendEX will accept APT as a multi-collateral asset for trading perpetual futures contracts. APT will be discounted by 20% in value when it is used as collateral for futures trading. For example, if APT is priced at 7.5 USDT, and users deposit 100 APT into their Futures accounts, only 600 USDT worth of APT can be used as collateral in the calculation of the initial margin rate and maintenance margin rate.
Users can deposit APT 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, NEAT, AXS, RVN, REEF, GMT, CHZ, DYDX, and FLOW.
APT Spot Trading will be live soon! Stay tuned for updates.
We truly appreciate your continued support.
The AscendEX Team