Binance will adjust the leverage and margin tiers for the PERPUSDT U-based perpetual contract
ChainCatcher news, according to the official announcement, Binance Futures will update the leverage and margin tiers for the PERPUSDT U-margined perpetual contract on September 10, 2023, at 13:00. Users' current positions will be affected, and users are advised to refer to the updated leverage and margin tiers to adjust their margins to avoid forced liquidation.
In addition, the funding rate cap multiplier for the PERPUSDT U-margined contract has been raised from 0.75 to 1.
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