Token

Solana

Mode

POPCAT

<h2 id="key-points">Key Points</h2>
<ul>
 <li>Binance Futures launches POPCAT and SUN Perpetual Contracts today at 13:00 (UTC) and 13:05 (UTC) respectively.</li>
 <li>Both Perpetual Contracts will have up to 75x leverage.</li>
</ul>
<p>In an official announcement, Binance Futures revealed that in order to expand the list of trading choices of the platform while boosting users’ trading experience, it will launch 2 more Perpetual Contracts today:</p>
<ul>
 <li>POPCATUSDT Perpetual Contract will launch at 13:00 (UTC) with up to 75x leverage.</li>
 <li>SUNUSDT Perpetual Contract will launch at 13:05 (UTC) with up to 75x leverage.</li>
</ul>
<h2 id="popcat-and-sun-perpetual-contracts-details">POPCAT and SUN Perpetual Contracts Details</h2>
<p>The underlying asset for POPCAT Perpetual Contract is POPCAT(SOL) (POPCAT) and its tick size is 0.0001.</p>
<p>The underlying asset for SUN Perpetual Contract is Sun Token (SUN) and its tick size is 0.000001.</p>
<p>Additional details for both Perpetual Contracts as noted by the <a href="https://www.binance.com/en/support/announcement/binance-futures-will-launch-usd%E2%93%A2-margined-popcat-and-sun-perpetual-contracts-with-up-to-75x-leverage-adac46dd47b142aebfa1c003c17af568?hl=en" rel="noopener noreferrer nofollow" target="_blank">official announcement</a>:</p>
<ul>
 <li>The Capped Funding Rate is +2.%/-2%.</li>
 <li>Maximum leverage will be 75x.</li>
 <li>Trading hours are 24/7.</li>
 <li>Both Perpetual Contracts support the Multi-Asset Mode.</li>
</ul>
<p>The funding fee settlement frequency is every four hours, starting today, August 22, at 16:00 (UTC).</p>
<p>Binance can adjust the specifications of the Futures contracts mentioned above from time to time, based on market risk conditions. The specifications include the following:</p>
<ul>
 <li>Funding fee</li>
 <li>Tick size</li>
 <li>Maximum leverage</li>
 <li>Initial margin</li>
 <li>Maintenance margin requirements</li>
</ul>
<p>Multi-Assets Mode allows users to trade the Futures Contracts mentioned above across multiple margin assets.</p>
<p>When the Multi-Assets Mode is activated, users will be able to use BTC as a margin when trading the Perpetual Contracts mentioned above.</p>
<p>Also, the Futures Contracts are subjected to Binance Terms of Use and the Binance Futures Service Agreement.</p>
<h2 id="about-popcat-sol-popcat-and-sun-token-sun">About POPCAT(SOL) (POPCAT) and Sun Token (SUN)</h2>
<p>POPCAT is a memecoin built on Solana and the total supply of the token is almost 980 million coins.</p>
<p>The Sun.io platform is Tron’s first platform that supports stablecoin swap, token mining, and self-governance. The total supply of Sun Token is a little over 19.9 billion.</p>
<p>Earlier today, Binance Futures also <a href="https://crypto.ro/en/news/binance-futures-launches-alpacausdt-perpetual-contract-today/" rel="noopener noreferrer nofollow">launched</a> ALPACAUSDT Perpetual Contract with up to 75x leverage.</p>

Binance Futures Launches POPCAT and SUN Perpetual Contracts Today

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