KuCoin Futures Will Adjust the Max Leverage and Risk Limit of USDT-Margined Perpetual Futures on Feb 20, 2024

KuCoin Futures Will Adjust the Max Leverage and Risk Limit of USDT-Margined Perpetual Futures on Feb 20, 2024

02/19/2024, 09:38:08

Dear KuCoin Futures Users,

KuCoin Futures is going to adjust the max leverage and risk limit of the following USDT-margined perpetual futures during 09:00AM~09:30AM (UTC) on Feb 20, 2024. More details about Risk Limit can be found in the Risk Limit Documentation.

symbol Maximum Leverage (before) Maximum Leverage (after) Maximum Risk Limit (before) Maximum Risk Limit (after)
XMRUSDTM 30 50 500,000 1,000,000
PYTHUSDTM 50 50 500,000 1,000,000
MANTAUSDTM 30 50 500,000 1,000,000
XAIUSDTM 30 50 500,000 1,000,000
JUPUSDTM 30 50 500,000 1,000,000
DYMUSDTM 30 50 500,000 1,000,000
ZETAUSDTM 30 50 500,000 1,000,000
UMAUSDTM 30 50 500,000 1,000,000
WIFUSDTM 30 50 500,000 1,000,000
CKBUSDTM 30 50 500,000 500,000

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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