LBank Lists STONK Perpetual Contract
LBank launches STONK (STONK) USDT-M perpetual contract with up to 20x leverage, effective from September 6, 2026.
Source-checked briefing: prepared from the official notice cited below and checked for source, date, duplication, and risk language. No individual editor review is claimed. Methodology
LBank announced the listing of the STONK (STONK) USDT-M perpetual contract, trading as STONKUSDT, starting at 04:10 UTC on September 6, 2026. The contract offers leverage from 1x to 20x, a tick size of 0.000001 USDT, and funding fees settled every 4 hours. LBank states that trading begins at the specified time and that contract specifications may be adjusted based on market risk conditions. No action is required from users unless they intend to trade this new contract.
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LBank will list STONK (STONK) USDT-M perpetual contract at 04:10 UTC on September 6, 2026.
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Trading pair: STONKUSDT, with leverage range of 1x to 20x.
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Tick size is 0.000001 USDT.
Key timeline
STONKUSDT perpetual contract trading commences.
Announcement published on LBank support site.
Who may be affected
- LBank users who trade USDT-M perpetual contracts.
- Users interested in trading STONK (STONK) as a perpetual contract.
Impact analysis
The listing introduces a new trading instrument on LBank's futures platform, expanding the available assets for perpetual contract trading. Direct operational consequences include the ability to trade STONKUSDT with leverage up to 20x, subject to the specified tick size and funding fee schedule. Traders must be aware that funding fees are settled every 4 hours, which affects holding costs. LBank retains the right to adjust contract specifications, which could alter trading conditions. The announcement does not mention any impact on existing contracts or services.
What the announcement does not say
The source does not disclose the initial funding rate, margin requirements, or any specific market risk conditions that might trigger adjustments. It also does not specify whether STONK is a new asset or an existing token, nor does it provide details on the underlying asset's fundamentals.
Risk notes
- Leverage trading involves high risk; losses can exceed initial margin.
- Funding fees are settled every 4 hours, which may affect trading costs.
- LBank may adjust contract specifications at any time based on market risk conditions.
- The announcement does not provide information on the underlying asset's volatility or liquidity.
- This article is for verification of official exchange announcements only and does not constitute investment or trading advice.
This article is for information only and is not investment, legal, or tax advice. Digital assets are volatile and may result in loss of principal.
Frequently asked questions
When does STONKUSDT perpetual trading start?
Trading starts at 04:10 UTC on September 6, 2026.
What leverage is available for STONKUSDT?
Leverage ranges from 1x to 20x.
How often is the funding fee settled?
Funding fees are settled every 4 hours.
Can LBank change the contract specifications?
Yes, LBank may adjust funding fee, tick size, maximum leverage, initial margin, and maintenance margin based on market risk conditions.
Official sources
Collected material is used only for fact checking. If this page differs from the original announcement, the official page controls.