Dear Users,
To expand our derivatives portfolio and meet diverse trading strategy needs, BitTap will officially launch the following USDT-margined perpetual futures (supporting both long and short positions) on October 16, 2025, at 18:00 (UTC+8):
FF/USDT Perpetual Futures
CHZ/USDT Perpetual Futures
Please review the launch schedule, futures details, project introductions, and participation notes below. Manage your funds and risk accordingly.
1. Launch Schedule (UTC+8)
Trading Start Time: October 16, 2025, 18:00 (UTC+8)
2. Futures Highlights (subject to the product detail page)
Contract Type: USDT-Margined Perpetual Futures
Trading Pairs: FF/USDT, CHZ/USDT (supporting both long and short positions)
Maximum Leverage: Up to 50× (actual leverage as shown on the contract page)
Funding Rate Settlement: Every 8 hours (refer to the contract page for details)
Index Price: Weighted composite index derived from major exchanges (see contract specs)
Minimum Order Size, Price Precision, Margin, and Liquidation Rules: refer to “Contract Specifications” on the trading page
3. Project Overview
Falcon Finance (FF)
Falcon Finance builds a universal collateral infrastructure that converts various liquid assets—including digital and tokenized real-world assets—into on-chain, USD-denominated liquidity. $FF is the protocol’s native token, used for governance, staking rewards, and ecosystem incentives.
Token Name: FF
Total Supply: 10,000,000,000 FF
Circulating Supply: ~2,340,000,000 FF (circulation rate ~23.4%)
Market Cap (snapshot): ~$329.6M USD
Example CMC Rank: #144
Link：https://www.bittap.com/futures/FF-USDT-M
Chiliz (CHZ)
Chiliz powers the sports and entertainment industry through a dedicated Layer-1 blockchain and fan-engagement ecosystem (Socios). CHZ is used to purchase Fan Tokens, vote in polls, and redeem exclusive privileges.
Token Name: CHZ
Total Supply: ~10.04B CHZ
Circulating Supply: ~10.04B CHZ (circulation near 100%)
Market Cap (snapshot): ~$359.7M USD
Example CMC Rank: #138
Link：https://www.bittap.com/futures/CHZ-USDT-M
4. Risk Warning
Perpetual futures are high-leverage derivative products with significant volatility and risk, which may result in total margin loss. Please fully understand the futures rules (including margin, liquidation, and funding fees) before trading. Manage your positions prudently, use stop-loss/take-profit tools, and control leverage appropriately. BitTap monitors for abnormal trading behaviors (such as wash trading, self-trading, or manipulative activity) and reserves the right to restrict, freeze, or otherwise act on violating accounts.
5. Customer Support
If you encounter issues during trading or have questions about contract parameters, please submit a ticket via the in-app Help Center or email support@bittap.com. Any related updates or follow-up announcements will be published on our official website and in-app notifications.
Thank you for your continued trust and support.
We wish you successful trading!
The BitTap Team
October 15, 2025