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

Dear Users,

AscendEX is excited to launch perpetual futures contracts for AltLayer (ALT), Manta (MANTA), UMA (UMA), Lisk (LSK), Ondo (ONDO), and these futures trading will start on February 5, 2:00 PM UTC, 2024. Details are as follows:

Start trading now>

Perpetual Futures Contracts

ALTUSDT

MANTAUSDT

UMAUSDT

LSKUSDT

ONDOUSDT

Underlying Asset

ALT

MANTA

UMA

LSK

ONDO

Settlement Asset

USDT

USDT

USDT

USDT

USDT

Tick Size

0.00001 USDT

0.0001 USDT

0.001 USDT

0.001 USDT

0.0001 USDT

Lot Size

1 ALT

0.1 MANTA

1 UMA

1 LSK

0.1 ONDO

Max Leverage

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)

Contract Information

ALTUSDT

MANTAUSDT

UMAUSDT

LSKUSDT

ONDOUSDT

Please note that during the listing of a new token, AscendEX will implement the 2-hour protection. From February 5, 12 PM to 2 PM (UTC), only Post-only orders are available for the above 5 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 2:00 p.m. on February 5 (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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