Bybit has opened trading in the CSOPSKHYNIX2LUSDT perpetual contract, a USDT-settled derivatives product tied to CSOP SK Hynix Daily Max 2x HKEX: 7709. The exchange said the contract offers up to 20x leverage, uses a 0.001 tick size, applies a capped funding rate of 2.5%, and settles funding fees every eight hours. Trading runs 24/7, and the contract is also supported by automated strategies including Futures Grid, Futures Martingale and Futures Combo. Bybit added that it may adjust launch timing and contract parameters, including leverage, margin requirements, order size limits, funding rate, and mark and index price calculations.