Toobit lists TOWNS Perpetual Contract

Dear Toobiters,
 
We are excited to announce that Toobit will list the TOWNS Perpetual Contract on 2025-08-05 (UTC). Trading will go live with up to 75x leverage.
 
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Trade now: TOWNSUSDT
 
For more details on the TOWNS Perpetual Contract, please refer to the table below:
USDⓈ-M Perpetual Contract TOWNSUSDT
Underlying Asset TOWNS
Settlement Asset USDT
Tick Size 0.0001
Capped Funding Rate 2.0000% / -2.0000%
Funding Fee Settlement Frequency every 4 hours
Maximum LevTOWNSge 75x
 
Please note:
The TOWNS 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 levTOWNSge, initial margin, and maintenance margin.
 
Thank you for your continued support.
 
Toobit Team
2025-08-05
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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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