Bybit has opened trading for the LONGXIAUSDT Perpetual Contract in its Innovation Zone, offering up to 10x leverage against the LONGXIA token on BSC. The contract uses USDT for settlement, has a 0.0001 tick size, a capped funding rate of 2.5%, and funding fee settlements every four hours. Trading is available 24/7, while Bybit notes that Innovation Zone contracts carry higher fees than other contracts and that it may revise launch timing or contract parameters.