Bybit Launches POETUSDT Perpetual Contract with Up to 20x Leverage
Cryptocurrency exchange Bybit has announced the listing of the POETUSDT Perpetual Contract, enabling trading with leverage of up to 20x.
The new contract is accessible through Bybit’s Futures bots, including Futures Grid, Futures Martingale, and Futures Combo.
The POETUSDT Perpetual Contract is based on the underlying asset Poet Technologies Inc (POET) and settles in USDT. It features a tick size of 0.001, a maximum leverage of 20, and a capped funding rate of 2.5%. Funding fees will be settled every 8 hours, and trading will be available 24/7.
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