Dear ApolloX users,
ApolloX upgraded its Multi-Assets Mode on 20 October 2022 (UTC) to support HAY as margin asset. Users can now use HAY, cUSDT, vUSDT, USDC, BNB, ETH, CAKE, BUSD & USDT as the margin assets for Multi-Assets Mode.
What is HAY:
Helio Protocol (HAY) is a cryptocurrency that operates on the BNB Smart Chain (BEP20). HAY is a new BNB backed over-collateralized destablecoin that offers liquid staking and lending.
Please note:
- The Single-Asset Mode will be enabled by default and users will have to enable Multi-Assets Mode manually.
- If there are open positions or open orders in Futures, Multi-Assets Mode cannot be activated.
- Please switch all open positions from Isolated Margin Mode to Cross Margin Mode before enabling the Multi-Assets Mode.
- 5% of HAY, cUSDT, vSUDT, CAKE and BNB will be burned during auto-exchange; 2.5% of ETH will be burned during auto-exchange; 0.01% of USDC, USDT and BUSD will be burned during auto-exchange.
- The collateral value of CAKE, BNB and ETH in the user's futures account is calculated according to the real-time price index.
- Currently, for Ethereum-based assets, ApolloX supports deposits and withdrawals for ERC20 network. For BNB Smart Chain-based assets, Apollox supports deposits and withdrawals for BEP20 network.
- ApolloX CEX platform does not support the deposit, withdrawal and joint margin function of cUSDT & vUSDT. Users are welcome to experience the functions on ApolloX DEX.
Currently, the Multi-Assets Mode supports the following:
|
Assets |
Limit |
Margin Value |
|
USDT |
No Limit |
99.99% |
|
BUSD |
No Limit |
100% |
|
CAKE |
5,000 |
90% |
|
USDC |
10,000,000 |
99.99% |
|
BNB |
1,000 |
95% |
|
ETH |
70 |
95% |
|
cUSDT |
500,000 |
95% |
|
vUSDT |
500,000 |
95% |
|
HAY |
10,000 |
95% |
For more information, please refer to the following:
- Leverage and Margin for USDⓈ-M Perpetual Futures Contracts
- ApolloX Futures Transaction Fees
- Multi-Assets Mode
- More information
Stay tuned for more perpetual contracts to be launched!
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Risk Reminder: Crypto trading carries a substantial risk. All trading activities are done at your discretion and at your own risk. The information here should not be regarded as financial or investment advice from ApolloX. ApolloX will not be liable for any loss that might arise from your use of ApolloX.