KuCoin Futures to Convert Pre-Market Futures to Standard Perpetual Futures for CHIP Crypto
04/21/2026, 13:12:01
KuCoin Futures will complete the conversion of the Pre-Market Trading of the CHIP USDⓈ-Margined Perpetual Contract to the Standard CHIPUSDT USDⓈ-Margined Perpetual Contract by 13:40 on April 21, 2026 (UTC).
Trading activities and existing positions will remain unaffected throughout the conversion process.After the conversion is completed, the CHIP Standard Perpetual Contract will support up to 50x leverage, and the risk limit parameters will also be updated. Please adjust your trading strategies in advance. The basic parameters of the contract are as follows:
| Settlement Crypto | USDT |
| Capped Funding Rate | +2% / -2% |
| Funding Fee Settlement Frequency | Every Four Hours |
| Contract Size | 1 Contract = 100 CHIP |
| Tick Size | 0.00001 |
| Maximum Leverage | 50x |
The mark price formula during the migration transition period is as follows. For more details, please refer to the Help Center.
* Depending on market risk conditions, KuCoin may adjust the parameters from time to time. This includes, but is not limited to, the tick size, maximum leverage, and maintenance margin rate.
Risk Warning:
Investing in cryptocurrency is akin to being a venture capital investor. The cryptocurrency market is available worldwide 24 x 7 for trading with no market close or open times. Please do your own risk assessment when deciding how to invest in cryptocurrency and blockchain technology. KuCoin attempts to screen all tokens before they come to market. However, even with the best due diligence, there are still risks when investing. KuCoin is not liable for investment gains or losses.
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