KuCoin Futures Will Adjust the Max Leverage and Risk Limit of Partial USDT-Margined Perpetual Contracts

KuCoin Futures Will Adjust the Max Leverage and Risk Limit of Partial USDT-Margined Perpetual Contracts

02/06/2023, 07:22:35

Dear KuCoin Futures Users,

KuCoin Futures is going to adjust the max leverage and risk limit of  partial perpetual contracts. More details about Risk Limit can be found in the Risk Limit .

The following USDT-margined perpetual contracts will be adjusted the max leverage and risk limit at 11:00 (UTC+8) on June 5, 2023.

Symbol Maximum Leverage (after) Maximum Risk Limit in USDT (after)
TRXUSDTM50 1,000,000
SANDUSDTM50 1,000,000
NEARUSDTM50 1,000,000
MANAUSDTM50 1,000,000
LUNCUSDTM50 1,000,000
LUNAUSDTM50 1,000,000
JASMYUSDTM50 1,000,000
GRTUSDTM50 1,000,000
FILUSDTM50 1,000,000
EOSUSDTM50 1,000,000
WOOUSDTM50 500,000
WAVESUSDTM50 500,000
SNXUSDTM50 500,000
OCEANUSDTM50 500,000
NEOUSDTM50 500,000
LDOUSDTM50 500,000
FETUSDTM50 500,000
CTSIUSDTM50 500,000
CHZUSDTM50 500,000
BLURUSDTM50 500,000
LQTYUSDTM50 500,000
GMXUSDTM50 500,000
HFTUSDTM30 500,000

The following USDT-margined perpetual contracts will be adjusted the max leverage and risk limit at 18:00 (UTC+8) on June 2, 2023.

Symbol Maximum Leverage (after) Maximum Risk Limit in USDT (after)
PEPEUSDTM50 1,000,000
LINAUSDTM30 500,000

Notice:

1. Please log in and refer to the updated Risk Limit Level to place an order.

2. The liquidation of the existing positions of this contract is based on the current risk limit level. New positions opened after the scheduled upgrade will be executed based on the new risk limit level.

3. Users can adjust the risk limit level by themselves. To avoid liquidation, the system will automatically cancel all the open orders of users and replenish the margin to the account during the upgrade. By that time, the liquidation price will also change according to the changes in the maintenance margin rate.


Risk Warning: Trading contracts is a high market risk activity that can result in large gains while also causing you to incur large losses. Past gains are not indicative of future returns. Severe price fluctuations may result in the forced liquidation of your entire margin balance. The information provided here should not be construed as financial or investment advice from KuCoin. All trading strategies are at your own discretion and risk. KuCoin is not responsible for any losses that you may incur as a result of using the contracts.

Thanks for your understanding and support!

The KuCoin Team

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