Update: AscendEX Futures Risk Limits

Dear Users,

To enhance the user trading experience, AscendEX is excited to adjust the risk limits for perpetual futures contracts as follows: The position’s upper bound for trading pair brackets with leverage of 25x and below will be doubled starting 2:00 a.m. UTC on Aug 25, 2021. Please see below for new risk limits in detail.  

BTC-Perp Risk Limits：

Position Lower Bound	Position Upper Bound	Initial Margin Rate	Maintenance Margin Rate	Max Leverage
0	$50,000	1%	0.6%	100X
$50,000	$200,000	2%	1.2%	50X
$200,000	$2,000,000	4%	2.4%	25X
$2,000,000	$10,000,000	10%	6%	10X
$10,000,000	$20,000,000	20%	12%	5X
$20,000,000	N/A	33.333%	20%	3X

ETH-Perp Risk Limits：

Position Lower Bound	Position Upper Bound	Initial Margin Rate	Maintenance Margin Rate	Max Leverage
0	$25,000	1%	0.6%	100X
$25,000	$100,000	2%	1.2%	50X
$100,000	$1,000,000	4%	2.4%	25X
$1,000,000	$5,000,000	10%	6%	10X
$5,000,000	$10,000,000	20%	12%	5X
$10,000,000	N/A	33.333%	20%	3X

BCH, LINK, DOT, XRP, BNB, SOL, Matic, TRX, ADA-Perp Risk Limits:

Position Lower Bound	Position Upper Bound	Initial Margin Rate	Maintenance Margin Rate	Max Leverage
0	$5000	1%	0.6%	100X
$5,000	$20,000	2%	1.2%	50X
$20,000	$2,000,000	4%	2.4%	25X
$200,000	$1,000,000	10%	6%	10X
$1,000,000	$2,000,000	20%	12%	5X
$2,000,000	N/A	33.333%	20%	3X

DOGE, CSPR, SRM, OMI, FTT, FIL, ETC, VET, ONE, AKT, EGLD, WOO, LTC-Perp Risk Limits:

Position Lower Bound	Position Upper Bound	Initial Margin Rate	Maintenance Margin Rate	Max Leverage
0	$1,000	2%	1.2%	50X
$1,000	$8,000	4%	2.4%	25X
$8,000	$40,000	10%	6%	10X
$40,000	$200,000	20%	12%	5X
$200,000	$400,000	33%	20%	3X
$400,000	N/A	100%	60%	1X

Please read HERE for more information about AscendEX perpetual futures contracts.

Thank you for your continued support! 

The AscendEX Team