[BitMEX] AXS, EOS, LINK, SOL, AAVE, MATIC, SRM, SUSHI, TRX, UNI, VET, and XLM Quanto Perpetuals: New Listing and Early Settlement of Contracts Due to Naming Conventions

To further reconcile contract naming conventions on BitMEX, we will list four new AXSUSD, EOSUSD, LINKUSD, and SOLUSD Perpetual Swaps on 20 October 2021 at 04:00 UTC and conduct early settlement of the current AXSUSDT, EOSUSDT, LINKUSDT, SOLUSDT, AAVEUSDT, MATICUSDT, SRMUSDT, SUSHIUSDT, TRXUSDT, UNIUSDT, VETUSDT, and XLMUSDT perps on 2 November 2021 at 12:00 UTC. 

The new AXSUSD, EOSUSD, LINKUSD, and SOLUSD perps will have 0 Taker and 0 Maker Fees until 2 November 2021 at 12:00 UTC.

Contract Details

Symbol

AXSUSD

EOSUSD

LINKUSD

SOLUSD

Bitcoin Multiplier

0.000001

0.0001

0.00001

0.000001

XBT Contract Value

AXSUSD Price * Bitcoin Multiplier (100 Sat / 1 USD)

EOSUSD Price * Bitcoin Multiplier (10,000 Sat / 1 USD)

LINKUSD Price * Bitcoin Multiplier (1,000 Sat / 1 USD)

SOLUSD Price * Bitcoin Multiplier (100 Sat / 1 USD)

Underlying

.BAXS

.BEOS

.BLINK

.BSOL

Max Leverage

20x

33.33x

50x

50x

Taker Fee before 12 UTC 2 Nov

0.00%

0.00%

0.00%

0.00%

Maker Fee before 12 UTC 2 Nov

0.00%

0.00%

0.00%

0.00%

Taker Fee after 12 UTC 2 Nov

0.05%

0.05%

0.05%

0.05%

Maker Fee after 12 UTC 2 Nov

-0.01%

-0.01%

-0.01%

-0.01%

Base Initial Margin

5.00%

3.00%

2.00%

2.00%

Base Maintenance Margin

2.50%

1.50%

1.00%

1.00%

 

Difference between new contracts and current contracts are highlighted in bold

 

AXSUSDT

AXSUSD

EOSUSDT

EOSUSD

LINKUSDT

LINKUSD

SOLUSDT

SOLUSD

Multiplier

0.00001

0.000001

0.0001

0.0001

0.0001

0.00001

0.00001

0.000001

Minimum Price Increment

0.001

0.01

0.0005

0.0001

0.0005

0.001

0.001

0.01

Max Price

100,000

1,000,000

50,000

10,000

50,000

100,000

100,000

1,000,000

Max Order Quantity

500,000

1,000,000

1,000,000

500,000

500,000

1,000,000

100,000

1,000,000

Taker Fee before 12 UTC 2 Nov

0.05%

0.00%

0.05%

0.00%

0.05%

0.00%

0.05%

0.00%

Maker Fee before 12 UTC 2 Nov

-0.01%

0.00%

-0.01%

0.00%

-0.01%

0.00%

-0.01%

0.00%

 

Early Settlement Details

On 2 November 2021 at 12:00 UTC, the AXSUSDT, EOSUSDT, LINKUSDT, SOLUSDT, AAVEUSDT, MATICUSDT, SRMUSDT, SUSHIUSDT, TRXUSDT, UNIUSDT, VETUSDT, and XLMUSDT Perpetual Swaps will be settled against the corresponding 30M settlement index (.BEOST30M for EOSUSDT for example), following the Perpetual Swaps Early Settlement Process described here in the BitMEX Exchange Guide.

There will be no exchange of funding payments and no fees for settlement at the early settlement funding timestamp of 2 November 2021 12:00 UTC. Users should adjust their positions accordingly before the early settlement timestamp if they want to manually close their exposure.

If you have any questions, please contact our Support team who will be happy to help.

>> View on BitMEX

Join us on Telegram

Follow us on Twitter

Follow us on Facebook

You might also like

LATEST NEWS

LASTEST NEWS