Dear users:
In order to further optimize the trading experience and enhance the platform's risk management, we will adjust the contract parameters for BTC and ETH. This adjustment will officially take effect on Apr 3, 2024 10:00 (UTC+8). We kindly remind all users to make corresponding position adjustments and risk management before this time to avoid potential risks.
Adjustment details:
We will adjust the contract parameters for BTC and ETH to better reflect the current market conditions. The new parameters for ladder trading will affect the calculation of position value and the requirement for maintaining margin. The specific adjustments are as follows:
| BTCUSDT Perpetual Contracts | ||
| Maximum Nominal Value | Maximum Leverage | Maintenance Margin Rate |
| 2,000,000 | 200x | 0.30% |
| 3,200,000 | 125x | 0.40% |
| 5,000,000 | 100x | 0.50% |
| 6,000,000 | 50x | 0.80% |
| 8,000,000 | 20x | 2.00% |
| 10,000,000 | 10x | 4.00% |
| 50,000,000 | 5x | 8.00% |
| 100,000,000 | 4x | 10.00% |
| 200,000,000 | 3x | 13.33% |
| 300,000,000 | 2x | 20.00% |
| 500,000,000 | 1x | 40.00% |
| ETHUSDT Perpetual Contracts | ||
| Maximum Nominal Value | Maximum Leverage | Maintenance Margin Rate |
| 2,000,000 | 200x | 0.40% |
| 3,200,000 | 100x | 0.50% |
| 4,000,000 | 75x | 0.60% |
| 5,000,000 | 50x | 0.80% |
| 6,000,000 | 25x | 1.60% |
| 8,856,000 | 10x | 4.00% |
| 18,696,000 | 5x | 8.00% |
| 23,616,000 | 4x | 10.00% |
| 31,488,000 | 3x | 13.33% |
| 48,216,000 | 2x | 20.00% |
| 159,112,800 | 1x | 40.00% |
Impact Explanation:
1. Impact on Maintenance Margin: Due to the adjustment of the maintenance margin rate, if you hold positions in the leverages that are being adjusted, the amount of your position maintenance margin will be affected. If your maintenance margin is insufficient to maintain your position, the position may be liquidated. We recommend all users to adjust the positions in advance to adapt to the new parameters.
2. Impact on Estimated Liquidation Price: Due to the adjustment of the maintenance margin rate, the calculation of the estimated liquidation price is related to the maintenance margin rate, which will affect the estimated liquidation price displayed for positions. You should strictly monitor your holdings and adjust them timely to avoid unnecessary liquidation risks.
If you have any questions, please contact our customer support team for assistance.
3EX will continue to strive to provide you with excellent products and high-quality services. Thank you for your support!
Link:
Website: https://www.3ex.com/
Twitter: https://twitter.com/3exglobal
Telegram：https://t.me/global_3ex
Discord：https://discord.gg/KHVVnPgpeT
Facebook: https://www.facebook.com/profile.php?id=100092234370403
Instagram: https://www.instagram.com/3exglobal/
Medium: https://medium.com/@3ex
YouTube: https://www.youtube.com/@3EXGLOBAL
Linkedin：https://www.linkedin.com/company/3ex-com/
TikTok: https://www.tiktok.com/@3ex_global
3EX Team
Apr 2, 2024