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 |
||||
|
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.
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