AscendEX Launches Perpetual Futures Contracts for 8 New Tokens With Up to 5x Leverage (KAVA Etc.)

Dear Users,

AscendEX is excited to launch perpetual futures contracts for Kava (KAVA), Waves (WAVES), Synthetix Network Token (SNX), Galxe (GAL), 0x (ZRX), KyberNetwork (KNC), Gitcoin (GTC), Monero (XMR), and these futures trading will start on March 6, 3:00 AM UTC, 2024. Details are as follows:

Start trading now>

Perpetual Futures Contracts

KAVAUSDT

WAVESUSDT

SNXUSDT

GALUSDT

ZRXUSDT

KNCUSDT

GTCUSDT

XMRUSDT

Underlying Asset

KAVA

WAVES

SNX

GAL

ZRX

KNC

GTC

XMR

Settlement Asset

USDT

USDT

USDT

USDT

USDT

USDT

USDT

USDT

Tick Size

0.0001 USDT

0.0001 USDT

0.001 USDT

0.0001 USDT

0.0001 USDT

0.0001 USDT

0.001 USDT

0.001 USDT

Lot Size

0.1 KAVA

0.1 WAVES

0.1 SNX

1 GAL

0.1 ZRX

1 KNC

0.1 GTC

0.01 XMR

Max Leverage

5

5

5

5

5

5

5

5

Multi-Asset Collateral Mechanism

Supported (80% Discount Factor)

Supported (80% Discount Factor)

Supported (80% Discount Factor)

Supported (80% Discount Factor)

Supported (80% Discount Factor)

Supported (80% Discount Factor)

Supported (80% Discount Factor)

Supported (80% Discount Factor)

Contract Information

KAVAUSDT

WAVESUSDT

SNXUSDT

GALUSDT

ZRXUSDT

KNCUSDT

GTCUSDT

XMRUSDT

Please note that during the listing of a new token, AscendEX will implement the 2-hour protection. From March 6, 1 AM to 3 AM (UTC), only Post-only orders are available for the above 8 new tokens futures trading. Users can place maker orders only, while taker orders will be automatically canceled. Once the protection period ends, normal order matching will resume (starting at 3:00 a.m. on March 6 (UTC).

For details please read:

Thank you for the continued support!

The AscendEX Team

Website: https://ascendex.com/
Twitter: https://twitter.com/AscendEX_
Telegram Group: https://t.me/AscendEXEnglish

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