On 2 Sep 2023 at 10:48:00 UTC, we updated the Base Initial Margin and Base Maintenance Margin requirements for CYBERUSDT perpetual swaps.
From now, these changes will apply to new positions, new orders and any leverage or Risk Limit changes, applied to existing positions or existing orders. The current Margin requirements for our products can be found here.
Below you will find the affected contract and their new Base Maintenance Margin and Base Initial Margin requirement.
| Contract | Base Maintenance Margin | Base Initial Margin |
| CYBERUSDT | 12.5% | 25% |
The Impact of These Changes for the Affected Contract Under all Risk Limits:
- Initial Margin requirements will increase, so Bankruptcy Price will move away from Average Entry Price and Maximum Leverage available will decrease.
- Maintenance Margin requirements will increase, so Liquidation Price will move away from Bankruptcy Price and the amount of Maintenance Margin lost in the event of liquidation, will increase.
- The difference between Initial Margin and Maintenance Margin will increase, so Liquidation Price will move away from Average Entry Price.
We have implemented these changes to help users trade more safely on our platform – reducing the chance of liquidations for contracts with very high volatility.
To be the first to know about our new listings, product launches, and giveaways, you can connect with us on Discord, Telegram, and Twitter. We encourage you to also check our blog regularly.
In the meantime, if you have any questions please contact Support.