Futures Listing: REDUSDT / GPSUSDT
Last updated
Last updated
Dear Users,
To enhance trading options and improve user experience, SAFEX will launch the following perpetual contracts at the scheduled time:
March 12, 2025, 10:00 (UTC): REDUSDT Perpetual Contract March 12, 2025, 10:00 (UTC): GPSUSDT Perpetual Contract
Launch Time
March 12, 2025, 10:00 (UTC)
March 12, 2025, 10:00 (UTC)
Underlying Asset
RED
GPS
Settlement Asset
USDT
USDT
Minimum Price Increment
0.0001
0.0001
Funding Fee Settlement Frequency
Every 4 hours
Every 4 hours
Max Leverage
50x
20x
Trading Hours
24/7
24/7
The funding rate cap for these perpetual contracts is +2.00% / -2.00%, with settlements occurring every 4 hours.
SAFEX may adjust parameters, including funding rates, minimum price increments, maximum leverage, initial margin, and maintenance margin, based on market risk conditions.
Thank you for your continued support of SAFEX!
SAFEX Team March 11, 2025