Important Changes – Altcoin Derivative Products

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.