Bybit Expands TradFi Offerings with New Equity Perpetuals
- Bybit has launched USDT-margined perpetual futures tied to UiPath, Cypherpunk Technologies, and Hut 8 shares.
- The contracts offer up to 25x leverage through Bybit’s TradFi perpetual desk.
- These synthetic derivatives track equity prices but do not involve spot shares or direct stock ownership.
- Contracts are settled through Bybit’s derivatives infrastructure and track equity prices via index and oracle feeds.
Bybit is transforming its platform into a continuous trading environment for traditional assets by introducing new perpetual contracts linked to equities like UiPath, Cypherpunk Technologies, and Hut8. This move highlights the trend of crypto exchanges becoming multi-asset derivatives platforms.
These products allow traders to speculate on equity prices with high leverage, offering a unique risk profile compared to owning actual shares. (Source)
