OUSDT Perpetual Contract Launches in Innovation Zone with 20x Leverage

Bybit Lists OUSDT Perpetual Contract in Innovation Zone

Cryptocurrency exchange Bybit has announced the listing of the OUSDT Perpetual Contract, now available for trading in its Innovation Zone. The new contract offers users leverage of up to 20x.

The OUSDT Perpetual Contract is based on the o1.exchange (O) underlying asset and settles in USDT. The contract features a tick size of 0.0001, a maximum leverage of 20x, and a capped funding rate of 2.5%. Funding fees will be settled every four hours, and trading will be available 24/7.

Further details on the OUSDT Perpetual Contract include:

• Underlying Asset: o1.exchange (O)
• Settlement Asset: USDT
• Tick Size: 0.0001
• Maximum Leverage: 20
• Capped Funding Rate: 2.5%
• Funding Fee Settlement Interval: Every 4 hours
• Trading Hours: 24/7

Users can explore the contract on Bybit’s trading platform.

It is important to note that the OUSDT contract is listed within the Innovation Zone. This designation signifies that a higher trading fee will be applied compared to other available contracts. Additional information regarding the Innovation Zone can be found on Bybit’s help center.