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BloFin to Adjust Position Tiers of Multiple USDT-M Perpetual Contracts (2024-07-10)

July 10, 2024 at 10:48 AM
Dear BloFin Users,
 
To enhance market liquidity and mitigate risks, BloFin will adjust the position tiers of multiple USDT-M perpetual contracts at 11:00 (UTC) on July 10, 2024.
 
Details of the adjustments are as follows:
Contract
Before Change
After Change
Max. Amount (Cont)
Maintenance Margin Ratio
Max. Leverage
Max. Amount (Cont)
Maintenance Margin Ratio
Max. Leverage
ICX-USDT 20000 0.02 20 30000 0.02 20
100000 0.025 10 100000 0.025 10
500000 0.05 8 700000 0.05 8
1000000 0.1 5 1000000 0.1 5
5000000 0.125 2 7000000 0.125 2
10000000 0.5 1 20000000 0.5 1
ACH-USDT 20000 0.02 20 20000 0.02 20
100000 0.025 15 100000 0.025 15
400000 0.05 10 400000 0.05 10
1000000 0.1 5 1000000 0.1 5
4000000 0.125 2 4000000 0.125 2
20000000 0.5 1 20000000 0.5 1
T-USDT 200000 0.02 20 200000 0.02 20
1000000 0.025 15 1000000 0.025 15
4000000 0.05 10 5000000 0.05 10
10000000 0.1 5 10000000 0.1 5
40000000 0.125 2 50000000 0.125 2
200000000 0.5 1 200000000 0.5 1
LIT-USDT 200000 0.025 20 300000 0.025 20
1000000 0.05 10 1000000 0.05 10
2000000 0.1 5 3000000 0.1 5
10000000 0.125 2 10000000 0.125 2
50000000 0.5 1 70000000 0.5 1
 
Note:
  1. Both cross and isolated positions will be adjusted.
  2. The actual adjustment result shall be based on the data on the adjusted position tier page.
Risk Disclaimer: Due to tier adjustments and market volatility, users' maintenance margin ratios may change. To prevent forced liquidations resulting from these changes, users are encouraged to reduce leverage by either increasing their margins or closing positions.
 
If you have any questions or need further assistance, please reach out to our customer service team at [email protected] or contact our online support.
 
Thanks for your support!
 
BloFin Team
July 10, 2024
 
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