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Blofin to Adjust Tick Size of Perpetual Contracts

  • Updated

In order to increase market liquidity and improve your trading experience, Blofin will adjust the tick sizes of certain perpetual swaps at 06:00 – 08:00 (UTC) on Nov 2, 2023, and 05:30 – 08:00 (UTC) on Nov 3, 2023.


06:00 – 08:00 am (UTC) on Nov 2, 2023

Perpetual Contract Tick Size (Before) Tick Size (After)
IOST/USDT 0.000001 0.00001
CELO/USDT 0.0001 0.001
CVC/USDT 0.00001 0.0001

 

05:30 – 08:00 (UTC) on Nov 3, 2023

Perpetual Contract Tick Size (Before) Tick Size (After)
THETAUSDT 0.0001 0.001
KNCUSDT 0.0001 0.001
API3USDT 0.0001 0.001
OMGUSDT 0.0001 0.001
GRTUSDT 0.00001 0.0001

 

Risk warning
During the tick size adjustment period, trading will be temporarily suspended. Other contracts will not be affected.


A. For open orders

If your open order has a larger decimal place than the adjusted tick size, your existing order will show the new tick size. For example, if the tick size is adjusted from 0.0001 to 0.001, open order 130.2448 will be changed to 130.244. If you have a display error, please refresh the page. Although in this case, you order will still be filled at 130.2448.


Note: The above rules are also applicable to orders placed using API.

 

B. Open positions and the display of historical orders

If the tick size is adjusted to smaller decimal places (0.0001 to 0.001): For non-API users, open positions and historical orders will be displayed with the adjusted tick size. For API users, open orders and historical orders will be displayed as the pre-adjustment tick size.


You are encouraged to adjust your trading strategies based on the above changes.

 

For any inquiries regarding this adjustment, please feel free to contact us at support@blofin.com

 

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