Bybit Lists IDOLUSDT Perpetual Contract With 20x Leverage
Bybit has introduced the IDOLUSDT perpetual contract in its Innovation Zone, offering traders up to 20x leverage.
Bybit has listed the IDOLUSDT Perpetual Contract, opening trading with up to 20x leverage. The contract has been placed in the exchange's Innovation Zone.
Trading Details and Fee Structure
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Because the contract is listed within the Innovation Zone, higher trading fees apply relative to standard contracts on the platform.
Bybit noted that it retains the authority to modify the contract's parameters and launch schedule at any time. Potential adjustments include maximum leverage, minimum price changes, initial and maintenance margin rates, order size limits, funding rates, and mark or index price calculation methods.
Key facts
- The IDOLUSDT Perpetual Contract is now live on Bybit.
- The listing is situated in Bybit's Innovation Zone, where higher trading fees apply.
- The contract offers leverage up to 20x.
- Bybit reserves the right to adjust contract parameters, including margin and leverage rates.
Source: announcements.bybit.com
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