Update on Contract Categories and Specifications
Dear Flipstars,
Please be advised that Flipster will adjust the categories for USDT perpetual swaps on the Flipster platform with effect from 4 April 2024 at 10:00 UTC:
Change in Contract Categories and Specifications:
-
Category 1
- Max Leverage: 100
- IMR: 1%
- MMR: 0.5%
- Notional Max Position: 5,000,000 USDT
-
Category 2
- Max Leverage: 50
- IMR: 2%
- MMR: 0.6%
- Notional Max Position: 1,000,000 USDT
-
Category 3
- Max Leverage: 25
- IMR: 4%
- MMR: 1%
- Notional Max Position: 500,000 USDT
-
Category 4
- Max Leverage: 25
- IMR: 4%
- MMR: 1%
- Notional Max Position: 200,000 USDT
-
Category 5
- Max Leverage: 20
- IMR: 5%
- MMR: 2%
- Notional Max Position: 100,000 USDT
-
Category 6
- Max Leverage: 20
- IMR: 5%
- MMR: 2%
- Notional Max Position: 50,000 USDT
-
Category 7
- Max Leverage: 10
- IMR: 10%
- MMR: 3%
- Notional Max Position: 10,000 USDT
For further details on Contracts Categories and Specifications as they pertain to USDT Perpetual Swap Contracts, please refer to the Guide Page here.
Users with existing positions will be affected by this change. It is strongly advised to close all related perpetual swap positions before the scheduled change. The scheduled change is expected to take approximately 1 hour to implement.
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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