DigiFinex will list the contract trading of Sui Futures Token (DSUI)

Dear Users,

DigiFinex will launch DSUIUSDT Perpetual Contract trading at April 24th, 2023 9:00 (UTC).

To trade : https://www.digifinex.com/en-ww/swap/DSUIUSDTPERP

DSUIUSDT Perpetual Contract Rules

1. Prior to SUI's official launch, the DSUI spot market price will be used as the index price for the DSUI contract.
2. When SUI is listed on other exchanges, we will add additional sources for the index price to ensure price protection. Our team may produce a stable index representing the SUI token's spot price, gradually transitioning from the index price to the actual SUI spot price over a period of up to 14 days (or as little as 1 day if external price fluctuations are sufficiently small). During this process, users will only be able to close their positions and will be unable to open new ones.
3. Once the index price has fully transitioned to the actual SUI token, the old contract will be delisted and only the new contract will remain, as per the announced process.
4. The funding fee for the contract will be paid every eight hours and will primarily be determined by the difference between the DSUI index price and the contract price, market liquidity, and other factors. For more details, please refer to Digifinex's funding rate.
5. Similar to all cryptocurrency derivative contracts traded on Digifinex, this product will also have an auto-deleveraging system. Due to the potential for higher volatility of this contract, the likelihood of auto-deleveraging is higher than that of regular contracts.
6. Circuit breaker mechanism: Trading for spot and contract DSUI will be suspended for 8 hours if the DSUI price increase for the day exceeds 50%.

DSUI（Sui Futures Token, IOU Token) is the official Sui token exchange certificate issued by DigiFinex. DSUI can be converted to the official Sui token(SUI) at a ratio of 1:1 after SUI is launched. DSUI is not open for deposit and withdrawal. 

Risk Alert: This is a new token project that poses higher risks than others which will face potential high price volatility. Please ensure you have done your own research in regard to the fundamental concepts and fully understand this project before opting to trade. DigiFinex will make the best efforts to list high-quality token projects but will not be responsible for any of your trading losses.

Thank you for your support!

DigiFinex Team
April 24th, 2023

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DigiFinex (digifinex.com) DIGIFINEX LIMITED reserves all rights of this event, including but not limited to adjustment, explanation, and termination at any time.