To expand trading options and enhance user experience, Binance Futures will launch the DEXEUSDT Perpetual Futures Contract with up to 75x leverage on December 24, 2024, at 11:30 (UTC).

Details

• USDⓈ-M Perpetual Contract: DEXEUSDT
• Launch Time: 2024-12-24 11:30 (UTC)
• Underlying Asset: DeXe (DEXE)
• Settlement Asset: USDT
• Tick Size: 0.001
• Capped Funding Rate: +2.00% / -2.00%
• Funding Fee Settlement Frequency: Every Four Hours
• Maximum Leverage: 75x
• Trading Hours: 24/7
• Multi-Assets Mode: Supported

The maximum funding rate of the aforementioned perpetual contract at the time of launch is +2.00% / -2.00%. The funding fee settlement frequency is every four hours.

Max Funding Rate

• 2024-12-24 12:00 (UTC): +2.00% / -2.00%
• 2024-12-24 16:00 (UTC): +2.00% / -2.00%
• 2024-12-24 20:00 (UTC): +2.00% / -2.00%
• 2024-12-25 00:00 (UTC): +2.00% / -2.00%

What Is DeXe?

DeXe is a protocol operating as a decentralized autonomous organization (DAO) dedicated to supporting the creation and management of fair, merit-based, and effective DAOs. Operating within the decentralized finance (DeFi) sector, DeXe is designed to promote the rapid and sustainable growth of DAOs, encourage active participation from members, and prioritize expertise-alignment with incentives.

The management of the DeXe Protocol is conducted through the DEXE token, which plays a critical role in on-chain governance. Token holders can participate in decision-making processes and contribute to the direction and policies of the organization.

To strengthen its ecosystem, DeXe has formed significant partnerships with blockchain and DeFi entities such as SwissBorg. The development and adoption of the protocol are supported by the non-profit DeXe Association, which ensures that DeXe operates in alignment with its goals of fair and merit-based governance.

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