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BitMart (cryptocurrency exchange) to Launch ELSAUSDT Perpetual Contract (no-expiry futures) With Up to 20x Leverage

According to its official announcement, BitMart will list the ELSAUSDT perpetual contract (no-expiry futures) on January 22, 2026 at 20:00 (UTC+8), supporting up to 20x leverage (borrowed funds to amplify trades).

Summary

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Terms & Concepts
  • Perpetual contract: A no-expiry futures product used in crypto derivatives trading.
  • Leverage: Borrowed funds to increase position size; 20x means controlling 20 times the collateral.
  • USDT: A U.S. dollar-pegged stablecoin issued by Tether.