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UMX to Launch LIT, VVV and USELESS USDT-Margined Perpetual Contracts - September 29, 2026

Updated
This is a general announcement. The products and services mentioned herein may not be available in your region.

Dear Clients,

UMX will launch the LIT USDT-Margined Perpetual Contract with up to 75x leverage, the VVV USDT-Margined Perpetual Contract with up to 25x leverage, and the USELESS USDT-Margined Perpetual Contract with up to 50x leverage at 8:30 on September 29, 2026 (UTC).
 
Please refer to the table below for more information: Lighter (LIT), Venice Token (VVV), Useless Coin (USELESS)
USDT-Margined Perpetual Contract
LITUSDT
VVVUSDT
USELESSUSDT
Launch Time
08:30 on September 29, 2026 (UTC)
08:30 on September 29, 2026 (UTC)
08:30 on September 29, 2026 (UTC)
Underlying Asset
Lighter (LIT)
Venice Token (VVV)
Useless Coin (USELESS)
Settlement Asset
USDT
USDT
USDT
Minimum Price Movement
0.0001
0.001
0.00001
Funding Rate Cap/Floor
+2%/-2%
+2%/-2%
+2%/-2%
Funding Fee Settlement Frequency
Every four 12 hours
Every four hours
Every four hours
Maximum Leverage
75x
25x
50x
Trading Time
September 29
September 29
September 29
 
Please note:
  • Upon the launch of the LITUSDT, VVVUSDT and USELESSUSDT perpetual contracts, the funding rate cap and floor will be +2%/-2%;
  • The funding fees for the LITUSDT, VVVUSDT and USELESSUSDT perpetual contracts are settled every four hours:
Time (UTC)
Maximum Funding Rate
September 29, 2026, 12:00
+2%/-2%
September 29, 2026, 16:00
+2%/-2%
September 29, 2026, 20:00
+2%/-2%
…
…
  • Based on market risk conditions, UMX may adjust contract parameters, including the funding rate, minimum price movement, maximum leverage, initial margin, maintenance margin and other key parameters;
Terms and Conditions:
  • The country or region in which users reside will affect their trading permissions for the new trading pairs above. Please note that the list of restricted countries may be updated due to mandatory changes in applicable laws and regulations, or other changes related to this trading. Users are required to complete account verification to participate in trading these new pairs.
  • To use any services provided by our relevant service-providing entities, you must reside in a country/region where the relevant services are available. Depending on your geographic location and other applicable eligibility conditions (if any), certain features may not be available to you. If you have any questions, please contact us.
Thank you for your support of UMX!
 
UMX Team
 
September 28, 2026