Announcement from Ouyi regarding the launch of A-leverage trading, perpetual contracts, and simple coin earning

Dear Ouyi user: Ouyi will officially launch the AUSDT perpetual contract on the web, app, and API at 6:30 pm (UTC+8) on May 29, 2025, and launch leveraged trading and simple coin earning on A at 12:00 pm (UTC+8) on May 30, 2025. The detailed rules are as follows: 1、 Leveraged trading and simple coin making *A will synchronously open leveraged trading for USDT pairs *Please refer to the description of leverage borrowing position levels for the design of leverage gradient levels after going online *Please refer to the Ouyi Simple Coin Earning Business Rules for the simple coin earning limit after going online 2、 Perpetual contract Contract Introduction: Contract Elements | Details| Underlying Contract | A/USDT Index| Settlement cryptocurrency | USDT| Face value of the contract | 10| Price quotation | quote based on 1 A USDT price| Minimum price change (Tick size) | 0.0001| Leverage | 0.01~50x| Funding rate | clamp [average premium index+clamp (interest rate - average premium index, 0.05%, -0.05%), 1.50%, -1.5%] Average premium index and interest rate calculation. For details, please refer to the product documentation| Fee collection frequency (Funding interval) | 4 hours| Trading hours | 7 x 24 hours| Note: The premium when the new contract is launched is relatively unstable. To avoid unreasonable collection of funding fees, the upper limit of the funding fee rate will be calculated at 0.5% before 00:00 on May 30, 2025 (UTC+8). After 00:00 on May 30, 2025 (UTC+8), the upper limit of the funding fee rate will be adjusted back to the normal 1.5% [The actual collection time of funding fees for this period will be 4:00 am on May 30, 2025 (UTC+8)]. If there is a deviation in the price of this contract, the funding rate will be adjusted according to market conditions. In addition, the limit trading rules of AUSDT perpetual contract are consistent with other currencies. For details, please refer to the perpetual contract explanation document: USDT margin perpetual contract: Ouyi perpetual contract user agreement Ouyi will continue to provide you with better products and services! Ouyi team May 29th, 2025