Binance announced that it will adjust the leverage, margin levels and funding rate caps of multiple perpetual contracts

Binance Futures will update the following U-based perpetual contract leverage and margin levels at 16:30 on October 30, 2023 (UTC+8), and users’ current positions will be affected. Users are advised to refer to the updated leverage and margin ladder to adjust margin to avoid forced liquidation. Adjusting currencies includes: GRTUSDT, SNXUSDT, THETAUSDT, CHZUSDT, ZECUSDT, IOTAUSDT, DASHUSDT, KNCUSDT, ZRXUSDT, ARUSDT, WOOUSDT, BATUSDT, LRCUSDT, RVNUSDT. The upper limit of the funding rate of the above-mentioned U-based perpetual contract will be updated at 16:30 on October 30, 2023 (Binance Futures will update the following U-based perpetual contract leverage at 16:30 on October 30, 2023 (East Eight District time) and margin ladder, the user's current position will be affected. Please refer to the updated leverage and margin ladder to adjust the margin to avoid forced liquidation.) is adjusted to +2.00%/-2.00%, and the maximum leverage is 50 times.