The cryptocurrency derivatives market continues to evolve, offering traders more opportunities to capitalize on price movements across a growing range of digital assets. In line with this trend, FameEX has announced the launch of three new USDT-margined perpetual contracts: WLDUSDT, 1000SHIBUSDT, and 1000XECUSDT. These additions expand trading options for users seeking exposure to major meme coins and emerging blockchain projects with leveraged instruments.
👉 Discover how to maximize your trading potential with advanced perpetual contract features.
New Perpetual Contracts Overview
Starting on August 3, 2023, at 18:00 (UTC+8), traders can begin engaging with these new contracts on the FameEX platform. Designed for flexibility and precision, each contract supports multiple risk management and margin strategies, catering to both novice and experienced traders.
Key Contract Specifications
WLDUSDT Perpetual Contract
- Underlying Asset: Worldcoin (WLD)
- Settlement Currency: USDT
- Minimum Price Increment: 0.0001 USDT
- Funding Rate Cap: ±0.75% per 8-hour cycle
- Settlement Intervals: 0:00, 8:00, and 16:00 (UTC+8)
- Trading Availability: 24/7
- Leverage Range: 1x to 20x
- Position Modes: Single-sided and dual-sided positions
- Margin Modes: Isolated margin and cross-margin options
- Position Management: Full position and isolated position modes supported
1000SHIBUSDT Perpetual Contract
This contract represents 1,000 Shiba Inu (SHIB) tokens per contract unit, making it ideal for traders who want amplified exposure without managing microtransactions.
- Underlying Asset: 1000SHIB
- Settlement Currency: USDT
- Minimum Price Increment: 0.000001 USDT
- Funding Rate Mechanism: Same as WLDUSDT, capped at ±0.75%
- Settlement Schedule: Every 8 hours at 0:00, 8:00, and 16:00 (UTC+8)
- Leverage: Up to 20x
- Position & Margin Flexibility: Supports both isolated and cross-margin, along with single and dual-directional holding modes
1000XECUSDT Perpetual Contract
Easily trade price swings in eCash (XEC), a scalable Bitcoin fork designed for fast, low-cost transactions.
- Underlying Asset: 1000XEC
- Settlement Currency: USDT
- Minimum Tick Size: 0.00001 USDT
- Funding Rate Limits: ±0.75% per settlement period
- Settlement Times: Aligned with other contracts — every 8 hours
- Trading Hours: Continuous, 24/7 access
- Leverage Options: Adjustable from 1x to 20x
- Advanced Position Controls: Full support for flexible margin and position management settings
These contracts are built to provide high liquidity, tight spreads, and responsive execution — essential features for active traders navigating volatile markets.
Understanding Perpetual Contracts
Perpetual contracts are a popular form of derivative instrument in crypto trading because they allow users to speculate on price movements without owning the underlying asset. Unlike traditional futures, they do not have an expiration date, thanks to the funding rate mechanism that keeps contract prices aligned with the spot market.
The funding rate is exchanged between long and short positions every eight hours, ensuring minimal divergence from the real-world price of the asset. On FameEX, the rate is capped at ±0.75%, which helps reduce extreme costs during periods of high volatility.
👉 Learn how funding rates work and how to use them to your advantage in leveraged trading.
Why Trade These New Contracts?
Exposure to High-Potential Digital Assets
Worldcoin (WLD) has drawn significant attention due to its unique biometric-based distribution model and ties to identity verification in Web3. As adoption grows, traders may see increased volatility — creating opportunities for strategic entries and exits.
Shiba Inu (SHIB) remains one of the most recognized meme coins globally, with a strong community and ongoing ecosystem development through projects like ShibaSwap and Shibarium. The 1000SHIBUSDT contract allows traders to gain substantial exposure even with small price fluctuations.
eCash (XEC) is positioned as a digital cash solution with enhanced scalability and privacy features. Its rebranding from Bitcoin Cash ABC has brought renewed interest, especially among users looking for fast and affordable peer-to-peer payments.
Flexible Trading Tools for All Levels
Whether you're using technical analysis or following market sentiment, these contracts offer the tools needed for informed decision-making:
- Adjustable leverage lets you control larger positions with less capital.
- Dual position modes allow simultaneous long and short positions.
- Isolated margin protects your overall account balance by limiting risk per trade.
Risk Management Reminder
While perpetual contracts offer powerful trading capabilities, they come with significant risks — particularly due to leverage. A small adverse move can lead to liquidation if proper risk controls aren't in place.
FameEX emphasizes that parameters such as funding rates, margin requirements, and leverage limits may be adjusted based on market conditions without prior notice. Traders should always monitor their open positions and stay updated with real-time data.
Important Note: Digital asset trading involves substantial risk. Rapid price swings can result in the loss of all deposited margin. Always assess your risk tolerance and conduct thorough research before entering any leveraged position.
Frequently Asked Questions (FAQ)
Q: What time do the new contracts go live?
A: The WLDUSDT, 1000SHIBUSDT, and 1000XECUSDT perpetual contracts will be available starting August 3, 2023, at 18:00 (UTC+8).
Q: Can I use leverage when trading these contracts?
A: Yes, all three contracts support leverage ranging from 1x to 20x, depending on your risk preference and margin settings.
Q: How often is the funding rate applied?
A: Funding occurs every eight hours at 0:00, 8:00, and 16:00 (UTC+8). Rates are capped at ±0.75% to protect traders during volatile periods.
Q: What is the difference between isolated and cross-margin modes?
A: Isolated margin assigns a specific amount of collateral to a single position, limiting potential losses to that amount. Cross-margin uses the entire balance in your wallet to prevent liquidation, increasing risk but improving position resilience.
Q: Are there any fees for holding positions overnight?
A: Instead of overnight fees, perpetual contracts use a funding mechanism where traders pay or receive payments based on the prevailing funding rate every eight hours.
Q: Will FameEX add more contracts in the future?
A: Yes, FameEX plans to continuously expand its suite of derivative products based on market demand and user feedback.
👉 Stay ahead of the curve — explore next-gen trading tools on a leading crypto platform.
Final Thoughts
The introduction of WLDUSDT, 1000SHIBUSDT, and 1000XECUSDT perpetual contracts marks a strategic step forward for FameEX in offering diverse and accessible trading instruments. By supporting emerging assets like Worldcoin and established meme coins like Shiba Inu — alongside scalable payment-focused tokens like eCash — the platform empowers users to diversify strategies in dynamic market conditions.
As always, success in leveraged trading depends not only on market knowledge but also on disciplined risk management. With the right approach, these new contracts can serve as valuable tools for hedging, speculation, or portfolio diversification.
Traders are encouraged to familiarize themselves with contract specifications and test strategies in low-risk environments before committing significant capital.