Binance Futures, a leading cryptocurrency derivatives trading platform, has announced the launch of a new perpetual contract for Kadena (KDA). The KDAUSDT Perpetual Contract will allow users to trade Kadena with up to 75x leverage, providing increased exposure and potential returns.
The contract will be available for trading starting at 1:30 PM UTC on September 18, 2024. Key features include a tick size of 0.0001, a capped funding rate of +2.00% / -2.00%, and a funding fee settlement frequency of every four hours. The contract will be available for 24/7 trading and supports multi-assets mode.
