Bybit lists LAOPUUSDT TradFi perpetual contract with 25x leverage

  • Bybit opened trading for the LAOPUUSDT TradFi Perpetual Contract.
  • 25x leverage is available for the USDT-settled contract.
  • LAOPUUSDT references Laopu Gold and trades 7*24.

Bybit has opened trading for the LAOPUUSDT TradFi Perpetual Contract, a synthetic derivative referencing Laopu Gold (LAOPU). The USDT-settled contract offers up to 25x leverage and is available through Futures bots including Futures Grid, Futures Martingale and Futures Combo. Its tick size is 0.01, capped funding rate is 2%, funding fee settlement interval is 8, and trading hours are 7*24. The contract does not provide ownership, dividend, voting or other holder rights in Laopu Gold. Bybit warns that prices may diverge from the underlying asset and that leveraged trading can result in total loss of margin and, where applicable, additional losses. The exchange may change contract terms or availability, and the product may not be offered in every jurisdiction or to all users.

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