# How much leverage does each exchange allow, per contract? Every perpetual has a ladder: the larger the position, the lower the maximum leverage and the higher the maintenance margin. We record that ladder from each venue every day and keep the history, so a quiet cut from 100x to 50x on a small coin shows up here as an event instead of a surprise liquidation. Source: https://bykaranteli.com/leverage ยท attribute to ByKaranteli and quote the timestamp. Snapshot taken 2026-10-19T05:02:34.010Z. 13 venues, 4,898 contracts with a current ladder, recorded since 2026-09-04; average first-tier max leverage on the 50 largest coins: 79.7x; ladder changes in 7 days: 77. First tier per venue, largest coins first (60 of 375 rows): | Coin | Venue | Contract | Max leverage (x) | Maintenance margin (%) | Tier cap (USD) | Tiers | | --- | --- | --- | ---: | ---: | ---: | ---: | | BTC | Binance | BTC/USDT:USDT | 150 | 0.40 | $300.0K | 12 | | BTC | Bitget | BTC/USDT:USDT | 150 | 0.40 | $200.0K | 12 | | BTC | Bybit | BTC/USDT:USDT | 150 | 0.33 | $300.0K | 35 | | BTC | DigiFinex | BTC/USDT:USDT | 200 | n/a | $5.0K | 5 | | BTC | Gate | BTC/USDT:USDT | 200 | 0.30 | $500.0K | 19 | | BTC | HashKey | BTC/USDT:USDT | 50 | 0.49 | $1 | 20 | | BTC | HTX | BTC/USDT:USDT | 200 | 0.30 | $4.0K | 5 | | BTC | Kraken | BTC/USD:BTC | 50 | 1.00 | $500.0K | 7 | | BTC | Kraken | BTC/USD:USD | 100 | 0.50 | $1.0M | 8 | | BTC | KuCoin | BTC/USDT:USDT | 125 | 0.40 | $250.0K | 12 | | BTC | MEXC | BTC/USDT:USDT | 500 | n/a | n/a | 1 | | BTC | OKX | BTC/USDT:USDT | 100 | 0.40 | $1.0K | 99 | | BTC | Phemex | BTC/USD:USD | 20 | 1.00 | $500.0K | 1 | | BTC | XT | BTC/USDT:USDT | 150 | 0.40 | $300.0K | 14 | | ETH | Binance | ETH/USDT:USDT | 150 | 0.40 | $300.0K | 12 | | ETH | Bitget | ETH/USDT:USDT | 150 | 0.40 | $200.0K | 15 | | ETH | Bybit | ETH/USDT:USDT | 150 | 0.33 | $300.0K | 35 | | ETH | DigiFinex | ETH/USDT:USDT | 200 | n/a | $5.0K | 5 | | ETH | Gate | ETH/USDT:USDT | 200 | 0.30 | $300.0K | 19 | | ETH | HashKey | ETH/USDT:USDT | 50 | 0.49 | $1 | 20 | | ETH | HTX | ETH/USDT:USDT | 200 | 0.33 | $5.0K | 5 | | ETH | Kraken | ETH/USD:USD | 100 | 0.50 | $500.0K | 8 | | ETH | Kraken | ETH/USD:ETH | 50 | 1.00 | $500.0K | 7 | | ETH | KuCoin | ETH/USDT:USDT | 100 | 0.50 | $500.0K | 12 | | ETH | MEXC | ETH/USDT:USDT | 500 | n/a | n/a | 1 | | ETH | OKX | ETH/USDT:USDT | 100 | 0.40 | $5.0K | 99 | | ETH | Phemex | ETH/USD:USD | 20 | 1.00 | $500.0K | 1 | | ETH | XT | ETH/USDT:USDT | 150 | 0.40 | $300.0K | 13 | | SOL | Binance | SOL/USDT:USDT | 100 | 0.50 | $50.0K | 10 | | SOL | Bitget | SOL/USDT:USDT | 100 | 0.50 | $50.0K | 10 | | SOL | Bybit | SOL/USDT:USDT | 100 | 0.50 | $50.0K | 35 | | SOL | DigiFinex | SOL/USDT:USDT | 100 | n/a | $500.0K | 4 | | SOL | Gate | SOL/USDT:USDT | 100 | 0.50 | $200.0K | 20 | | SOL | HTX | SOL/USDT:USDT | 75 | 0.60 | $1.5K | 5 | | SOL | Kraken | SOL/USD:USD | 100 | 0.50 | $200.0K | 8 | | SOL | KuCoin | SOL/USDT:USDT | 75 | 0.70 | $300.0K | 8 | | SOL | MEXC | SOL/USDT:USDT | 300 | n/a | n/a | 1 | | SOL | OKX | SOL/USDT:USDT | 100 | 0.40 | $5.0K | 99 | | SOL | Phemex | SOL/USD:USD | 20 | 1.00 | $500.0K | 1 | | SOL | XT | SOL/USDT:USDT | 100 | 0.50 | $100.0K | 12 | | HYPE | Binance | HYPE/USDT:USDT | 75 | 1.00 | $20.0K | 9 | | HYPE | Bitget | HYPE/USDT:USDT | 75 | 1.00 | $10.0K | 10 | | HYPE | Bybit | HYPE/USDT:USDT | 75 | 0.67 | $5.0K | 30 | | HYPE | DigiFinex | HYPE/USDT:USDT | 100 | n/a | $500.0K | 4 | | HYPE | Gate | HYPE/USDT:USDT | 75 | 0.83 | $20.0K | 20 | | HYPE | HTX | HYPE/USDT:USDT | 75 | 0.93 | $8.0K | 5 | | HYPE | Kraken | HYPE/USD:USD | 50 | 1.00 | $2.0M | 7 | | HYPE | KuCoin | HYPE/USDT:USDT | 75 | 0.70 | $25.0K | 8 | | HYPE | MEXC | HYPE/USDT:USDT | 100 | n/a | n/a | 1 | | HYPE | OKX | HYPE/USDT:USDT | 50 | 1.00 | $18.0K | 93 | | HYPE | XT | HYPE/USDT:USDT | 75 | 0.67 | $10.0K | 10 | | XRP | Binance | XRP/USDT:USDT | 100 | 0.50 | $40.0K | 11 | | XRP | Bitget | XRP/USDT:USDT | 125 | 0.40 | $5.0K | 12 | | XRP | Bybit | XRP/USDT:USDT | 100 | 0.50 | $50.0K | 35 | | XRP | DigiFinex | XRP/USDT:USDT | 100 | n/a | $500.0K | 4 | | XRP | Gate | XRP/USDT:USDT | 100 | 0.50 | $50.0K | 19 | | XRP | HTX | XRP/USDT:USDT | 75 | 0.60 | $20.0K | 5 | | XRP | Kraken | XRP/USD:USD | 50 | 1.00 | $2.0M | 7 | | XRP | Kraken | XRP/USD:XRP | 25 | 2.00 | $250.0K | 6 | | XRP | KuCoin | XRP/USDT:USDT | 75 | 0.70 | $50.0K | 8 | Newest ladder changes: | Time (UTC) | Venue | Contract | Change | Before | After | | --- | --- | --- | --- | ---: | ---: | | 2026-10-19 05:01 UTC | XT | CLANKER/USDT:USDT | max_leverage_change | 50 | 25 | | 2026-10-19 05:01 UTC | XT | LTC/USDT:USDT | max_leverage_change | 100 | 75 | | 2026-10-19 05:01 UTC | XT | BAN/USDT:USDT | max_leverage_change | 50 | 25 | | 2026-10-17 05:02 UTC | Bitget | SUI/USDT:USDT | tier_change | 75 | 75 | | 2026-10-17 05:02 UTC | Bitget | PYTH/USDT:USDT | tier_change | 75 | 75 | | 2026-10-17 05:02 UTC | Bitget | APT/USDT:USDT | tier_change | 75 | 75 | | 2026-10-17 05:02 UTC | Gate | XAG/USDT:USDT | tier_change | 100 | 100 | | 2026-10-17 05:02 UTC | Gate | XAU/USDT:USDT | tier_change | 100 | 100 | | 2026-10-17 05:00 UTC | MEXC | APT/USDT:USDT | tier_change | 200 | 200 | | 2026-10-17 05:00 UTC | MEXC | CELHSTOCK/USDT:USDT | tier_change | 20 | 20 | | 2026-10-17 05:00 UTC | MEXC | STRK/USDT:USDT | tier_change | 100 | 100 | | 2026-10-17 05:00 UTC | MEXC | UNI/USDT:USDT | tier_change | 200 | 200 | | 2026-10-17 05:00 UTC | MEXC | ICNT/USDT:USDT | tier_change | 50 | 50 | | 2026-10-17 05:00 UTC | Bybit | MSTR/USDT:USDT | tier_change | 50 | 50 | | 2026-10-17 05:00 UTC | Binance | CVC/USDT:USDT | max_leverage_change | 50 | 25 | | 2026-10-17 05:00 UTC | Binance | ARK/USDT:USDT | max_leverage_change | 20 | 10 | | 2026-10-17 05:00 UTC | Binance | BICO/USDT:USDT | max_leverage_change | 20 | 10 | | 2026-10-17 05:00 UTC | Binance | PTB/USDT:USDT | max_leverage_change | 20 | 10 | | 2026-10-17 05:00 UTC | Binance | JASMY/USDT:USDT | max_leverage_change | 75 | 50 | | 2026-10-17 05:00 UTC | Binance | WIF/USDT:USDT | tier_change | 75 | 75 | ## Related - https://bykaranteli.com/venues - https://bykaranteli.com/listings - https://bykaranteli.com/heatmap - https://bykaranteli.com/oi-leaderboard - https://bykaranteli.com/tools/liq-calc - https://bykaranteli.com/developers Everything in one fetch: https://bykaranteli.com/llms-full.txt