Flux

DeFi

Mode

<h2 id="key-points">Key Points</h2>
<ul>
 <li>Binance Futures launches FLUXUSDT Perpetual Contract later today.</li>
 <li>The Perpetual Contract will have up to 75x leverage.</li>
</ul>
<p>Binance continues to expand the list of trading choices offered on Binance Futures and boost users’ trading experience with more futures launches via the platform.</p>
<p>Binance Futures will launch FLUXUSDT Perpetual Contract at 07:00 (UTC) with up to 75x leverage.</p>
<h2 id="key-details-about-the-fluxusdt-perpetual-contract">Key Details About the FLUXUSDT Perpetual Contract</h2>
<p>Here are the most important details about the FLUXUSDT Perpetual Contract, according to Binance’s <a href="https://www.binance.com/en/support/announcement/binance-futures-will-launch-usd%E2%93%A2-margined-flux-perpetual-contract-with-up-to-75x-leverage-a94c75d222eb4eeab209f805ecc1dd85?hl=en" rel="noopener noreferrer nofollow" target="_blank">official announcement</a>:</p>
<ul>
 <li>The underlying asset is Flux (FLUX).</li>
 <li>The settlement asset is USDT.</li>
 <li>The tick size is 0.0001.</li>
 <li>The Capped funding rate is +2%/-2%.</li>
 <li>Funding fee settlement frequency is every four hours, starting today at 08:00 (UTC).</li>
 <li>Trading hours are 24/7.</li>
 <li>Multi-Asset Mode is supported.</li>
</ul>
<p>Binance may adjust the specifications of the Futures Contract from time to time, based on market risk conditions. These specifications include the following:</p>
<ul>
 <li>Funding fee</li>
 <li>Tick size</li>
 <li>Maximum leverage</li>
 <li>Initial margin</li>
 <li>Maintenance margin requirements</li>
</ul>
<p>Multi-Asset Mode allows users to trade the Perpetual Contract across multiple margin assets. For instance, when the Multi-Asset Mode is activated, users can use BTC as margin when trading the Perpetual Contract mentioned above.</p>
<p>FLUXUSDT is subject to the Binance Terms of Use and the Binance Futures Service Agreement.</p>
<h2 id="what-is-flux-flux">What is Flux (FLUX)?</h2>
<p>The Flux ecosystem empowers everyone to develop, deploy, and use the decentralized Internet of the Future – Web3, according to the team behind the project.</p>
<p>The Flux ecosystem consists of the following:</p>
<ul>
 <li>A native, minable POW crypto, FLUX</li>
 <li>A powerful decentralized computational Flux Network (FluxNodes)</li>
 <li>A Linux-based OS, FluxOS</li>
 <li>The premier digital asset platform Zelcore</li>
 <li>The Flux blockchain used for on-chain governance, economics, and parallel assets to offer interoperability with other blockchains and DeFi access.</li>
</ul>
<p>The<a href="https://crypto.ro/en/cryptocurrencies/zel/" rel="noopener noreferrer nofollow"> FLUX</a> token has a number of uses including the following:</p>
<ul>
 <li>Purchasing resources</li>
 <li>Collateralizing nodes</li>
 <li>Fueling transactions on FluxOS</li>
 <li>Rewarding miners and FluxNode operators for providing computational resources</li>
</ul>

Binance Futures Launches FLUX Perpetual Contract Today

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