Bybit lists POPMARTUSDT perpetual contract with up to 25x leverage

Bybit has listed the POPMARTUSDT perpetual contract, expanding its derivatives lineup with a USDT-margined product tied to Pop Mart. Trading is now open with up to 25x leverage. The contract uses POPMART as the underlying asset and USDT as the settlement asset. Bybit said the product has a tick size of 0.01, a capped funding rate of 2%, funding fee settlement every eight hours and round-the-clock trading. POPMARTUSDT is also available through Bybit’s automated futures trading tools, including Futures Grid, Futures Martingale and Futures Combo. Perpetual contracts let traders take leveraged positions without a fixed expiry, though higher leverage can magnify both gains and losses. Bybit added that it may adjust launch timing and contract parameters, including minimum price changes, leverage limits, margin requirements, order-size caps, funding rates and mark and index price calculations.