Dear users,
In order to reduce user trading risks and enhance market liquidity, CoinW plans to adjust certain trading parameters for LDO and CHZ futures on November 30, 2023 from 08:00 to 10:00 (UTC).
During the adjustment period, futures services will not be affected, and you can place orders as usual. After the update, all positions will be executed according to the latest tiered maintenance margin system. The adjustment of the tiered rules will affect the margin ratio of your positions. Please pay attention to your own position and take measures such as adding margin or reducing the number of positions in advance to control risk.
The specific adjustment plan is as follows:
1.Maximum Leverage Adjustment
| Perpetual Futures Trading Pair | Previous Maximum Leverage | Updated Maximum Leverage |
| LDO/USDT | 75x | 50x |
Please note: After the adjustment, if you have LDO positions or orders with leverage exceeding 50x, existing orders will not be affected. However, you will need to close the positions or cancel the orders before placing new ones.
2. Tiered Margin Adjustment
| LDO/USDT Perpetual Futures | ||||
| Before the adjustment: | ||||
| Tier | Maximum Position Size | Maximum Leverage | Initial Margin Ratio | Maintenance Margin Ratio |
| 1 | 1,000 | 75 | 1.30% | 0.53% |
| 2 | 3,000 | 50 | 2.00% | 0.80% |
| After the adjustment: | ||||
| Tier | Maximum Position Size | Maximum Leverage | Initial Margin Ratio | Maintenance Margin Ratio |
| 1 | 2,000 | 50 | 2.00% | 0.80% |
| 2 | 150,000 | 20 | 5.00% | 2.00% |
| CHZ/USDT Perpetual Futures | ||||
| Before the adjustment: | ||||
| Tier | Maximum Position Size | Maximum Leverage | Initial Margin Ratio | Maintenance Margin Ratio |
| 1 | 7,500 | 50 | 2.00% | 0.80% |
| 2 | 40,000 | 20 | 5.00% | 2.00% |
| 3 | 440,000 | 10 | 10.00% | 4.00% |
| 4 | 1,240,000 | 5 | 20.00% | 8.00% |
| 5 | 1,640,000 | 4 | 25.00% | 10.00% |
| 6 | 2,280,000 | 3 | 33.30% | 13.33% |
| 7 | 2,640,000 | 2 | 50.00% | 20.00% |
| After the adjustment: | ||||
| Tier | Maximum Position Size | Maximum Leverage | Initial Margin Ratio | Maintenance Margin Ratio |
| 1 | 6,000 | 50 | 2.00% | 0.80% |
| 2 | 30,000 | 20 | 5.00% | 2.00% |
| 3 | 120,000 | 10 | 10.00% | 4.00% |
| 4 | 300,000 | 5 | 20.00% | 8.00% |
| 5 | 600,000 | 4 | 25.00% | 10.00% |
| 6 | 1,000,000 | 3 | 33.30% | 13.33% |
| 7 | 1,300,000 | 2 | 50.00% | 20% |
We apologize for any inconvenience this may cause, and CoinW will continue to strive to provide you with a better trading experience.
Thank you for your understanding and cooperation.
CoinW
2023/11/30