Bitget to change VELVETUSDT perpetual futures risk limits on June 9

The exchange said new leverage, position tier and maintenance margin settings will apply from 13:00 UTC, affecting both new and existing USDT-M positions and potentially raising liquidation risk.

USDT

Summary

Bitget said it will adjust the leverage, position tiers and maintenance margin rate for the USDT-M VELVETUSDT perpetual futures pair on 2026-06-09 at 13:00 UTC. The changes will affect existing positions opened before the adjustment as well as all newly opened positions after the update takes effect. The exchange advised users to adjust leverage and position tiers, top up margin or trim positions in advance to avoid potential liquidation as the revised maintenance margin requirements come into force. It also warned that maintenance margin ratios may briefly display above 100% under the new standards, signaling that positions need prompt adjustment. Trading bots running positions or leverage above the revised limits may be terminated, Bitget said.

Terms & Concepts
  • USDT-M perpetual futures: Crypto derivatives margined in USDT with no expiry date
  • maintenance margin rate: Minimum collateral needed to keep a leveraged position open
  • position tiers: Risk brackets that set leverage and margin requirements by position size