Bybit lists USDT perpetual contracts for BNC and APLD with 20x leverage

The exchange has also added six more U.S. stock perpetual contracts, including MARAUSDT, IONQUSDT and ZMUSDT, with up to 20x leverage and launch-period fee discounts.

USDT

Summary

Bybit has expanded its lineup of USDT-settled perpetual products tied to U.S. equities, adding six stock perpetual contracts: MARAUSDT, IONQUSDT, TSEMUSDT, BXUSDT, ZMUSDT and APLDUSDT, each with leverage of up to 20x. During the launch period, maker fees are set at 0% and taker fees are discounted by 50%, according to the announcement. The update follows Bybit’s earlier listing of BNCUSDT and APLDUSDT, two USDT-margined perpetual contracts tied to CEA Industries Inc. and Applied Digital Corporation. Those products were launched with 24/7 trading, capped funding rates of 2.5%, funding fee settlement every 8 hours, and support for Bybit’s automated futures bots.

Terms & Concepts
  • perpetual contracts: Derivatives that track an underlying asset without a fixed expiry date.
  • leverage: Borrowed exposure that can magnify both gains and losses.
  • maker fees: Trading fees charged on orders that add liquidity to an exchange order book.