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Notice of Risk Control Tier Adjustment for KERNEL and PLAY Futures Contracts on Pionex

Dear Users,

To provide you with a better trading experience, Pionex will adjust the risk control tiers (leverage and margin) for the following Futures trading pairs on August 17, 2026 at 07:00 (UTC).

Please Note:
This adjustment will affect users' current positions. Due to the update of leverage and margin tiers, contract grid strategies may encounter situations where open orders cannot be continued. Users are advised to make the necessary adjustments before the change takes effect.

I. KERNEL.PERP/USDT

Before:

Tier

Notional Value

Maintenance Margin Rate

Max Leverage

1

$8,000

1.00%

75x

2

$15,000

1.50%

50x

3

$30,000

2.00%

25x

4

$60,000

2.50%

20x

5

$300,000

5.00%

10x

6

$600,000

10.00%

5x

7

$800,000

12.50%

4x

8

$1,000,000

25.00%

2x

9

$2,000,000

50.00%

1x

After:

Tier

Notional Value

Maintenance Margin Rate

Max Leverage

1

$5,000

2.00%

25x

2

$10,000

2.50%

20x

3

$20,000

5.00%

10x

4

$50,000

10.00%

5x

5

$100,000

12.50%

4x

6

$250,000

16.67%

3x

7

$2,500,000

25.00%

2x

8

$5,000,000

50.00%

1x

II. PLAY.PERP/USDT

Before:

Tier

Notional Value

Maintenance Margin Rate

Max Leverage

1

$8,000

1.50%

50x

2

$25,000

2.00%

25x

3

$30,000

2.50%

20x

4

$300,000

5.00%

10x

5

$600,000

10.00%

5x

6

$800,000

12.50%

4x

7

$1,000,000

25.00%

2x

8

$2,000,000

50.00%

1x

After:

Tier

Notional Value

Maintenance Margin Rate

Max Leverage

1

$10,000

5.00%

10x

2

$60,000

10.00%

5x

3

$70,000

12.50%

4x

4

$250,000

16.67%

3x

5

$2,500,000

25.00%

2x

6

$5,000,000

50.00%

1x

Risk Warning:

Trading in the crypto market carries a substantial risk and the possibility of making both significant profits and losses. Please trade cautiously. Though Pionex will make its best efforts to choose high-quality assets, Pionex cannot assure any profit and will not be responsible for your trading loss.

If you encounter any problems, please get in touch with our customer service in time through the online customer service portal on the WEB or APP. Thanks for your support for Pionex.

Pionex Team
August 12, 2026

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