Dear Flipstars,
Please be advised that Flipster will adjust the contract category and specifications for the following symbol on the Flipster platform with effect from 13 March 2025 at 03:00 UTC.
LAYERUSDT.PERP
Update in Contract Category
- From Category 9 to Category 10
Change in Notional Max Order Amount
- From 100,000 USDT to 75,000 USDT
Change in Notional Max Position Size
- From 100,000 USDT to 75,000 USDT
Change in Initial Margin
- From 5% to 10%
Change in Maintenance Margin
- From 2% to 3%
Change in Maximum Open Interest
- From 1,000,000 USDT to 750,000 USDT
Change in Max Slippage
- From 0.015% to 0.035%
FARTCOINUSDT.PERP
Update in Contract Category
- From Category 10 to Category 11
Change in Notional Max Order Amount
- From 75,000 USDT to 50,000 USDT
Change in Notional Max Position Size
- From 75,000 USDT to 50,000 USDT
Maximum Open Interest
- From 750,000 USDT to 500,000 USDT
Users with existing positions will be impacted by this change. Therefore, it is strongly recommended to close any open positions before the scheduled update to mitigate the risk of potential liquidation.
Your support and feedback are valuable for enhancing our products and services. For any further information or queries, please do not hesitate to contact us through our service request form.
Best Regards,
Team Flipster
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