Toobit Announcement Center

Dear Toobiters，

We are excited to announce that Toobit will list the C and VELVET Perpetual Contracts on 2025-07-15 (UTC). Trading will go live with up to 50x leverage.

Trade Now: CUSDT | VELVETUSDT

For more details on the C and VELVET Perpetual Contracts, please refer to the table below:

USDⓈ-M Perpetual Contract	CUSDT	VELVETUSDT
Underlying Asset	C	VELVET
Settlement Asset	USDT	USDT
Tick Size	0.00001	0.00001
Capped Funding Rate	2.0000% / -2.0000%	2.0000% / -2.0000%
Funding Fee Settlement Frequency	every 4 hours	every 4 hours
Maximum Leverage	50x	50x

Please note:

The C Perpetual Contract will launch with a maximum funding rate of +2.0% and a minimum funding rate of -2.0%.
The VELVET Perpetual Contract will launch with a maximum funding rate of +2.0%% and a minimum funding rate of -2.0%.

From time to time, we may adjust the parameters of each Perpetual Contract to respond to market changes. These include, but are not limited to, minimum price change, maximum leverage, initial margin, and maintenance margin.

Thank you for your continued support.

Toobit Team

2025-07-15

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Toobit reserves the right to modify or cancel this announcement at any time and for any reason without prior notice.

Risk Warning: The prices of digital assets may fluctuate significantly. The value of your investment may increase or decrease, and you may even lose the entire amount invested. You are solely responsible for your investment decisions, and Toobit is not liable for any losses that may occur due to the use of margin trading. This information should not be considered financial or investment advice. Please refer to our Terms of Use and Risk Disclosure for more details.

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Toobit lists C and VELVET Perpetual Contracts

Toobit lists C and VELVET Perpetual Contracts

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