Binance Futures announced that it will be launching the USDC-margined DOGE Perpetual Contract with up to 75x leverage at 10:00 (UTC) on January 18, 2024.
The underlying asset for this contract will be Dogecoin (DOGE), and it will be settled in USDC. The tick size is set at 0.00001, with the capped funding rate being +0.3750% / -0.3750%. The funding fee will be settled every eight hours.
Traders can transact 24/7, and the new contract will support a Multi-Assets Mode which allows users to trade using multiple margin assets. For instance, once the Multi-Assets Mode is activated, users can utilize BTC as margin during the trading of the DOGEUSDC Perpetual Contract.
Furthermore, all users will enjoy a promotional 10% trading fee discount for all transactions on USDC-margined futures contracts until 12:30 (UTC) on April 3, 2024.
