Dear users,
ApolloX has launched the Golden Dragon China Index perpetual contract (“GDCBUSD Perpetual Contract”) with up to 20x leverage on 2023-02-21 at 09:00 (UTC).
Golden Dragon China Index Perpetual Contract is a new cryptocurrency price index that tracks the top Chinese tokens or tokens with Chinese origins (by market capitalization) listed on mainstream spot exchanges.
More details on GDCBUSD Perpetual Contract can be found in the table below:
| USDⓈ-M Perpetual Contract | GDCBUSD |
| Underlying Asset | Golden Dragon China Token Index |
| Index Composition | FIL, VET, SAND, NEO, LRC, CFX, QTUM, MASK, CKB, ACH, IOST, COCOS |
| Settlement Asset | BUSD |
| Index Base Level | 100 |
| Tick Size | 0.001 |
| Capped Funding Rate | Clamp (Funding Rate, -1.5 * Maintenance Margin Ratio, 1.5 * Maintenance Margin Ratio) |
| Max Leverage | 20x |
| Multi-Asset Mode | Supported |
Please note:
- Based on market risk conditions, ApolloX may adjust the specifications of the contracts from time to time, which include the tick size, maximum leverage, initial margin, and/or maintenance margin requirements.
Disclaimer: Due to announcement delays, the content in this announcement may be updated without notice.
More Information:
- Golden Dragon China Index
- Leverage and Margin for USDⓈ-M Perpetual Futures Contracts
- ApolloX Futures Transaction Fees
- Multi-Assets Mode
- More on Futures Trading
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.