Bybit has opened trading for the NIULAIUSDT Perpetual Contract in its Innovation Zone, with maximum leverage of 20x. The USDT-settled perpetual contract tracks NIULAI, identified by the underlying asset address 0xbeea1d618e533a387d941f58a7d4c9b7bd377777. It has a tick size of 0.00001, a capped funding rate of 2.5%, and funding-fee settlements every four hours. Trading is available 24/7. Bybit notes that the Innovation Zone carries higher trading fees than other contracts and reserves the right to change launch timing and contract parameters.