Bybit Introduces UVXYUSDT Perpetual Contract with Up to 20x Leverage
Cryptocurrency exchange Bybit has announced the listing of its UVXYUSDT Perpetual Contract, enabling traders to engage with the product immediately. The new contract offers leverage of up to 20 times.
The UVXYUSDT Perpetual Contract is also accessible through Bybit’s suite of Futures bots, including Futures Grid, Futures Martingale, and Futures Combo.
Contract Specifications:
- Contract Name: UVXYUSDT Perpetual Contract
- Underlying Asset: ProShares Ultra VIX Short-Term Futures ETF (UVXY)
- Settlement Asset: USDT
- Tick Size: 0.01
- Maximum Leverage: 20x
- Capped Funding Rate: 2.5%
- Funding Fee Settlement Interval: Every 8 hours
- Trading Hours: 24/7
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