Binance has announced significant leverage and margin settings updates for various perpetual contracts on its Binance Futures platform.
The updated parameters aim to enhance trading efficiency and risk management for its users. This change explicitly impacts contracts such as SWARMSUSDT, GRIFFAINUSDT, MORPHOUSDT, and several others, while existing positions opened before this update will not be affected.
Detailed Updates on Leverage Options
The exchange has introduced a new tiered leverage structure ranging from 6x to 25x for selected contracts including SWARMSUSDT and GRIFFAINUSDT. For instance, SWARMSUSDT now features segmented leverage options at various tiers, with the highest range being 21-25x and the lowest at 6-8x. This restructuring allows traders to choose leverage based on their trading strategy and risk tolerance.
Introduction of New Notional Value Tiers
Additionally, Binance has implemented new notional value tiers that affect the maintenance margin rates for several contracts. For SWARMSUSDT, a new tier has been set for positions holding a notional value between 1,500,000 USDT and 2,000,000 USDT, assigning a 50% maintenance margin rate.
Similar adjustments have been made across other contracts such as 1000000MOGUSDT and AEROUSDT, standardizing the maintenance margin rate at 50% for the same notional value range.
The adjustment extends beyond these few examples, impacting additional contracts like 1000WHYUSDT, SWELLUSDT, and KMNOUSDT. These contracts now feature leverage adjustments within the same 6x-25x range and include newly established notional value tiers designed to accommodate different levels of market participation and exposure.