Bitget said it has launched a USDT-margined SLX perpetual contract offering up to 20x leverage. The company also stated that contract trading bot support will open at the same time. A perpetual contract (a futures contract without expiry) lets traders speculate on price moves without a settlement date, while leverage allows users to control a larger position with less capital but increases liquidation risk. USDT-margined products use Tether-issued USDT as collateral and settlement currency.