【TEBBIT Contract】Launch of HK0625 /USDT, USDT-Margined Perpetual Contract (2026-09-2)
Dear users:
To provide more contract trading options and enhance user trading experience, the TEBBIT contract platform will officially launch the following USDT-margined perpetual contracts with up to 50x leverage on September 2, 2026, at 18:00 (UTC+8):
1. Contract Introduction:
HK0625/USDT
HK0700USDT is a quanto contract where the underlying asset is denominated in Hong Kong Dollars (HKD), while margin and P&L are settled in USDT. For margin calculation and settlement, the prices of related Hong Kong stocks on the Hong Kong Stock Exchange are considered as USDT-denominated at a 1:1 ratio, with no foreign exchange conversion. The underlying asset is Xiyin International Holdings Limited (HKEX: 0625). Xiyin is a global online fashion and lifestyle retailer committed to making fashion accessible to everyone.
2. More information about the above perpetual contract trading pair is shown in the table below:
HK0625/USDT (Fee rate: maker 0.04%, taker 0.04%) | ||||
Tier |
Leverage |
Max Position Notional Value |
Maintenance Margin Rate |
Max Initial Margin |
1 |
50 |
50,000 |
1.00% |
1,000 |
2 |
25 |
25,000 |
3.00% |
1,000 |
3 |
20 |
50,000 |
3.75% |
2,500 |
4 |
15 |
75,000 |
5.00% |
5,000 |
5 |
10 |
100,000 |
7.50% |
10,000 |
6 |
5 |
250,000 |
10.00% |
50,000 |
7 |
4 |
500,000 |
12.50% |
125,000 |
8 |
2 |
1,000,000 |
25.00% |
500,000 |
9 |
1 |
15,000,000 |
50.00% |
15,000,000 |
3. For more contract rules and parameter details, please refer to:
"Perpetual Contract Fee Rates and Maintenance Margin Tier Parameter Table (III)"
At that time, users can access the contract trading section through the TEBBIT official website or APP to participate in related trading.
4. Risk Warning:
The digital asset market is highly volatile, and contract trading carries significant risks. According to market conditions and risk management needs, TEBBIT reserves the right to dynamically adjust related contract parameters, including but not limited to:
· Minimum price fluctuation unit;
· Maximum leverage;
· Initial margin ratio;
· Maintenance margin rate;
· Other related trading parameters.
Please pay attention to the latest platform announcements in a timely manner and plan your positions reasonably according to your own risk tolerance. Trade cautiously.
Thank you for your continued support and trust in TEBBIT!
TEBBIT Team
September 1, 2026