Effective Friday 4th November 12:00 UTC, a significant number of changes will be made to the Altcoin derivative product line. Leverage on some products will rise, and all remaining Altcoin swap products will move to 7-day expiring futures products.
Increased Leverage on Altcoin Products
Leverage on the following Altcoin products will be increased:
- ETC7D will increase to 20x
- XMR7D will increase to 20x
- FCT7D will increase to 20x
- LTC7D will increase to 33x
Altcoin Swap Products Shift to 7-Day Futures Products
All remaining Altcoin swap products will expire, and will be replaced with 7-day expiring futures products. After the change, there will be no funding charged on any Altcoin product.
In addition, LSKXBT will be delisted, and will not be converted to a futures product.
All expiring swaps will settle on the 30-minute TWAP Index Price at the settlement time of Friday 4th November 12:00 UTC.