1.Overview
The USDT Perpetual Futures is a digital currency derivative launched by Biconomy, which is quoted and settled in USDT only, supports long, short and two-direction positions and provides simple multiple leverage options. The USDT Perpetual will not be settled and will keep pace with spot market prices to the highest order based on the funding fee. Using mark price to calculate the unrealized PNL and the liquidation price can avoid frequent, as well, unnecessary liquidations caused by market fluctuations and volatile conditions. This allows for the copying of the spot market specifically under high leverage.
2.Futures Definition
| Futures | BTCUSDT Perpetual | ETHUSDT Perpetual | EOSUSDT Perpetual |
| Type | Perpetual, linear Futures | Perpetual, linear Futures | Perpetual, linear Futures |
| Identifier | BTC / USDT | ETH / USDT | EOS / USDT |
| Futures size | 1USDT/cont | 1USDT / cont | 1USDT / cont |
| Maintenance margin (MM) | 0.3% | 0.3% | 0.65% |
| Minimum price change | 0.1 | 0.01 | 0.0005 |
| Minimum Futuress | 10cont | 10cont | 10cont |
| Single order limit | 500,000cont | 500,000cont | 100,000cont |
| Leverage | 1～100 | 1～100 | 1～50 |
| Futures | DOTUSDT Perpetual | LTCUSDT Perpetual | DOGEUSDT Perpetual |
| Type | Perpetual, linear Futures | Perpetual, linear Futures | Perpetual, linear Futures |
| Identifier | DOT / USDT | LTC / USDT | DOGE / USDT |
| Futures size | 1USDT / cont | 1USDT / cont | 1USDT / cont |
| Maintenance margin (MM) | 0.65% | 0.65% | 1% |
| Minimum price change | 0.001 | 0.01 | 0.00001 |
| Minimum Futuress | 10cont | 10cont | 10cont |
| Single order limit | 100,000cont | 200,000cont | 200,000cont |
| Leverage | 1～50 | 1～50 | 1～50 |
| Futures | BCHUSDT Perpetual | XRPUSDT Perpetual |
| Type | Perpetual, linear Futures | Perpetual, linear Futures |
| Identifier | BCH / USDT | XRP / USDT |
| Futures size | 1USDT / cont | 1USDT / cont |
| Maintenance margin (MM) | 0.65% | 0.65% |
| Minimum price change | 0.001 | 0.01 |
| Minimum Futuress | 10cont | 10cont |
| Single order limit | 100,000cont | 100,000cont |
| Leverage | 1～50 | 1～50 |
Biconomy Team