Trading in the three USDT-margined pairs starts at 18:00 SGT with leverage of up to 25x, according to the exchange's official announcement.
MGBX said it will list GSUSDT, SMHUSDT and PYPLUSDT perpetual contracts (crypto derivatives without expiry) on Aug. 4, 2026. Trading for all three pairs is scheduled to begin at 18:00 SGT, with leverage of up to 25x. The exchange said the SMHUSDT perpetual contract tracks the price of the VanEck Semiconductor ETF, which it described as one of the world's largest and most liquid semiconductor exchange-traded funds. The announcement also noted that Goldman Sachs was founded in 1869 and is known as a leading global investment bank, while PayPal was spun off from eBay in 2015 and focuses on online transactions and electronic payment solutions for merchants and consumers.