APLDUSDT Perpetual Contract Launches with 20x Leverage

Bybit Launches APLDUSDT Perpetual Contract, Offering Up to 20x Leverage

Cryptocurrency exchange Bybit has announced the listing of the APLDUSDT Perpetual Contract, allowing traders to engage with the underlying asset, Applied Digital Corporation (APLD), with leverage of up to 20 times.

The new contract is also accessible through Bybit’s suite of Futures bots, including Futures Grid, Futures Martingale, and Futures Combo.

The APLDUSDT Perpetual Contract utilizes USDT as its settlement asset. Key specifications for the contract include a tick size of 0.01, a maximum leverage of 20x, and a capped funding rate of 2.5%. Funding fees will be settled every eight hours, and trading will be available 24/7.

Applied Digital Corporation’s official website can be found at https://www.applieddigital.com/.