Bybit has opened trading in the FUTUUSDT TradFi perpetual contract, a USDT-settled synthetic derivative linked to Futu Holdings Ltd that offers up to 25x leverage and can also be traded through Futures Grid, Futures Martingale and Futures Combo bots. The contract has a 0.01 tick size, a capped funding rate of 2%, a funding fee settlement interval of 8 and 7*24 trading hours. Bybit said the product does not confer ownership of the underlying shares or rights such as dividends and voting, and warned that price deviations, leverage and corporate actions could affect contract terms, positions, settlement, suspension or termination. The exchange also said availability may vary by jurisdiction and that it may change contract parameters or restrict access in line with applicable laws, regulatory requirements or internal policies.