Dear Users,
AscendEX is excited to launch perpetual futures contracts for Linear Finance (LINA) on June 7, 3:00 AM UTC, 2023. Details are as follows:
| Perpetual Futures Contracts | LINAUSDT |
| Underlying Asset | LINA |
| Settlement Asset | USDT |
| Tick Size | 0.00001 USDT |
| Lot Size | 1 LINA |
| Max Leverage | 5 |
| Multi-Asset Collateral Mechanism | Supported (80% Discount Factor) |
Please note that during the listing of a new token, AscendEX will implement the 2-hour protection. During this period, only Post-only orders are available for LINA 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 5:00 a.m. on June 7 UTC).
For details please read:
- LINAUSDT Perpetual Futures Contract Info
- Transaction Fee for Perpetual Futures Contract
- About Multi-Asset Collateral Mechanism
Thank you for the continued support!
The AscendEX Team
Website: https://ascendex.com
Twitter: https://twitter.com/_AscendEX
Telegram Group: https://t.me/AscendEXEnglish
