trade.xyz launches GIGADEV with up to 10x leverage for 24/7 trading

The perpetual contract adds leveraged exposure to GigaDevice, a Chinese semiconductor company listed in Shanghai in 2016 and secondarily listed in Hong Kong in early 2026.

Summary

trade.xyz has launched perpetual contract trading for GIGADEV with up to 10x leverage and 24/7 access, adding a new way to take leveraged exposure to GigaDevice. The company, also known as 兆易创新, is a Chinese semiconductor maker focused on flash memory, microcontrollers and sensors. It was founded in 2005, listed in Shanghai in 2016, and secondarily listed in Hong Kong in early 2026. The product extends trade.xyz's offering around the company with a continuously traded, leveraged instrument tied to GigaDevice.

Terms & Concepts
  • perpetual contract: A derivatives product with no fixed expiry date that allows traders to hold leveraged positions continuously.
  • 10x leverage: Borrowed exposure that magnifies gains and losses by ten times.