CPUSDT Perpetual Contract Launches in Innovation Zone with 20x Leverage

Bybit Lists Cluster Protocol Perpetual Contract in Innovation Zone

Cryptocurrency exchange Bybit has announced the listing of the CPUSDT Perpetual Contract, featuring the Cluster Protocol (CP) as the underlying asset and USDT as the settlement asset. The new contract is now available for trading in the platform’s Innovation Zone, offering users up to 20x leverage.

The CPUSDT Perpetual Contract operates with a tick size of 0.00001 and a maximum leverage of 20x. The capped funding rate is set at 2.5%, with funding fees settled every four hours. Trading for the contract is available 24/7.

The Innovation Zone designation signifies that the CPUSDT contract will incur a higher trading fee compared to other contracts on the Bybit platform. Further details regarding trading fees in the Innovation Zone can be found on Bybit’s help center.

The official website for Cluster Protocol is https://www.clusterprotocol.ai/, and its official X account can be accessed at https://x.com/openprotocolfnd.