HELP CENTER
AscendEX Launches Perpetual Futures Contracts for 5 New Tokens With Up to 5x Leverage (ALT Etc.)
Publish on 2024-02-05
Dear Users,
AscendEX is excited to launch perpetual futures contracts for AltLayer (ALT), Manta (MANTA), UMA (UMA), Lisk (LSK), Ondo (ONDO), and these futures trading will start on February 5, 2:00 PM UTC, 2024. Details are as follows:
Perpetual Futures Contracts | ALTUSDT | MANTAUSDT | UMAUSDT | LSKUSDT | ONDOUSDT |
Underlying Asset | ALT | MANTA | UMA | LSK | ONDO |
Settlement Asset | USDT | USDT | USDT | USDT | USDT |
Tick Size | 0.00001 USDT | 0.0001 USDT | 0.001 USDT | 0.001 USDT | 0.0001 USDT |
Lot Size | 1 ALT | 0.1 MANTA | 1 UMA | 1 LSK | 0.1 ONDO |
Max Leverage | 5 | 5 | 5 | 5 | 5 |
Multi-Asset Collateral Mechanism | Supported (80% Discount Factor) | Supported (80% Discount Factor) | Supported (80% Discount Factor) | Supported (80% Discount Factor) | Supported (80% Discount Factor) |
Contract Information |
Please note that during the listing of a new token, AscendEX will implement the 2-hour protection. From February 5, 12 PM to 2 PM (UTC), only Post-only orders are available for the above 5 new tokens futures trading. Users can place maker orders only, while taker orders will be automatically canceled. Once the protection period ends, normal order matching will resume (starting at 2:00 p.m. on February 5 (UTC).
For details please read:
Thank you for the continued support!
The AscendEX Team
Website: https://ascendex.com/
Twitter: https://twitter.com/AscendEX_
Telegram Group: https://t.me/AscendEXEnglish