Binance Futures Will Launch USDⓈ-Margined SYN Perpetual Contracts With Up To 50x Leverage

Binance Futures, Binance's derivatives trading platform, recently announced the listing of Synapse (SYN). specifically, Binance Futures will launch the USDⓈ-M SYNUSDT Perpetual Contract at 7:30 p.m. August 16, 2024 (VN time), with leverage support up to 50x.

Binance Futures, Binance's derivatives exchange, recently announced the listing of Synapse (SYN).

#🎜🎜 #Binance Futures, Binance's derivatives exchange, recently announced the listing of Synapse (SYN).

Specifically, Binance Futures will open the USDⓈ-M SYNUSDT Perpetual Contract at 7:30 p.m. on August 16, 2024 (VN time), supporting maximum leverage up to 50x.

#🎜🎜 #

Specifically, Binance Futures will open the USDⓈ-M SYNUSDT Perpetual Contract at 7:30 p.m. August 16, 2024 (Vietnam time), supporting maximum leverage up to 50x. Details of this newly opened contract can be seen in the table below:

Details of this newly opened contract can be seen in the table below: USDⓈ-M Perpetual Contract

USDⓈ-M Perpetual Contract SYNUSDT

SYNUSDT Open time

Open time 19:30 August 16, 2024 (VN time)

7:30 p.m. August 16, 2024 (Vietnam time) Underlying assets

Underlying assets Synapse (SYN)

Synapse (SYN) Payment assets

Payment assets USDT

USDT Tick Size

Tick Size 0.0001

0.0001 Funding Rate maximum/minimum

Funding Rate maximum/minimum +2.00% / -2.00%

+2.00% / -2.00% Funding Rate recalculation time

Funding Rate recalculation time Every 4 hours

Every 4 hours Maximum leverage level

Maximum leverage level 50x

50x Transaction time

Transaction time 24/7

24/7 Multi-Assets mode

Multi-Assets mode Support is available

Support is available Binance announcement details: Binance Futures Will Launch USDⓈ-Margined SYN Perpetual Contract With up to 50x Leverage | Binance Futures,Binance Announcements,Binance News

Binance announcement details: Binance Futures Will Launch USDⓈ-Margined SYN Perpetual Contract With up to 50x Leverage | Binance Futures,Binance Announcements,Binance News Synapse is a DeFi protocol that enables connecting blockchains together through a scalable cross-chain communication protocol, supporting assets, smart contract calls and more.

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Synapse is a DeFi protocol that enables connecting blockchains together via a scalable cross-chain communication protocol, supporting assets, smart contract calls, and more.#🎜 🎜# With Synapse, blockchains can interact with each other easily and securely, from which developers can build true multi-chain applications, including multi-chain exchanges, lending platforms, margin systems, derivatives markets, yield aggregators, etc.

With Synapse, blockchains can interact with each other easily and securely, from which developers can build true multi-chain applications, including multi-chain exchanges, lending platforms, margin systems, derivatives markets, yield aggregators, etc

Read more: What is Synapse protocol?

Read more: What is Synapse protocol?

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