SHOPUSDT Perpetual Contract Launched with 25x Leverage

Bybit Launches Shopify Perpetual Contract with Up to 25x Leverage

Cryptocurrency exchange Bybit has announced the listing of its SHOPUSDT Perpetual Contract, allowing traders to speculate on the price movements of Shopify (SHOP) using Tether (USDT) as the settlement asset. Trading for the new contract is now live, offering leverage of up to 25x.

The SHOPUSDT Perpetual Contract is also accessible through Bybit’s suite of Futures bots, including Futures Grid, Futures Martingale, and Futures Combo strategies.

Contract Specifications:

• Underlying Asset: Shopify (SHOP)
• Settlement Asset: USDT
• Tick Size: 0.01
• Maximum Leverage: 25x
• Capped Funding Rate: 2%
• Funding Fee Settlement Interval: Every 8 hours
• Trading Hours: 24/7

The official website for Shopify is https://www.shopify.com/.