Bybit has introduced the SHAZUSDT Perpetual Contract, allowing traders to engage with the Sharonai Holdings (SHAZ) token against Tether (USDT) with leverage up to 20x. Trading for this new derivative instrument is now live on the platform.
The contract is designed to offer flexibility and accessibility, integrating with Bybit’s suite of Futures bots, including Futures Grid, Futures Martingale, and Futures Combo. This integration aims to provide users with automated trading strategies.
Key specifications for the SHAZUSDT Perpetual Contract include a maximum leverage of 20x, a tick size of 0.01, and a capped funding rate of 2.5%. Funding fees are settled every 8 hours, with trading available 24/7.
While the listing provides a new avenue for trading SHAZ, users should be aware of the inherent risks associated with leveraged trading. Notably, the official X account for Sharonai Holdings was listed as N/A in the provided information.
Why This Matters
The materials describe a narrow update: Bybit has launched a new perpetual contract for SHAZUSDT, allowing users to trade with a maximum leverage of 20x. Official X account for Sharonai Holdings is N/A.
Broader Context
Source materials place the announcement in this context: Bybit has listed the SHAZUSDT Perpetual Contract.
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