The HIVEUSDT perpetual contract will have Hive (HIVE) as its underlying asset and USDT as the settlement asset. The tick size for the contract is set at 0.00001, and the maximum funding rate will be +2.00% / -2.00%. Funding fees will be settled every four hours. Trading will be available 24/7, and users can utilize the Multi-Assets Mode to trade this contract with different margin assets.

The funding rates are scheduled for December 23, 2024, at 12:00 UTC, 16:00 UTC, and 20:00 UTC, as well as December 24, 2024, at 00:00 UTC, at +2.00% / -2.00%. Binance reserves the right to adjust the funding rates, leverage levels, tick sizes, and margin requirements based on market conditions.

The Multi-Assets Mode allows users to use different assets, such as BTC, as margin when trading the HIVEUSDT Perpetual Contract. This feature provides greater flexibility in managing trades.

The HIVEUSDT Perpetual Contract is subject to Binance’s Terms of Use and the Binance Futures Service Agreement. Additionally, the listing of a token on Binance Futures does not guarantee its listing on Binance Spot.

This new perpetual contract offers users a significant opportunity to optimize their trading strategies and manage risks effectively.

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