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Leverage adjustment for Solana perpetual contracts

BITFINEX

Related type: Others

2022-11-12 00:16

Due to current market volatility, Bitfinex Derivatives has announced that leverage on the SOL-PERP and SOL/BTC-PERP will be adjusted to a maximum of 20 times, with an initial margin of 5% and maintenance margin of 2.5%. This adjustment will be effective from 6:00 PM UTC on 11/11/22.The above summary description is for convenience purposes only. The Bitfinex Derivatives Fee and Margin Schedule can be found here and the Product Descriptions can be found here. If there are any differences between the description above and the DerivativeFee and Margin Schedule, Product Descriptions, or both, the Fee and Margin Schedule and Product Descriptions will govern. Please read them carefully to ensure you understand the products available on the derivatives platform. The derivatives platform is provided by iFinex Financial Technologies Limited. References to Bitfinex Derivatives in this post are references to iFinex Financial Technologies Limited.