As of 19 Dec at 04:00 UTC, a new listing – USUALUSDT – featuring USUAL – is now available to trade on BitMEX, and with up to 50x leverage.
You can also trade USUAL, via a linear futures listing – USUALUSDTZ25 – it’s margined in Tether and with up to 2x leverage.
For the lowdown on the latest listing, read on.
If you haven’t signed up for a BitMEX account yet, we’re currently offering up to $5,000 in BMEX Tokens for verified users- you can register here.
USUALUSDT Contract Specs
USUALUSDT is a linear perpetual swap, margined in USDT. This allows users to gain exposure to the price of the Usual token and trade it with leverage, without needing to have any USUAL holdings.
Key contract details for our Usual token listing:
- Symbol: USUALUSDT
- Margin Currency: USDT
- Contract Size: 1 USUAL
- Lot Size: 10
- Minimum Trade Amount: 10 USUAL
- Underlying: .BUSUALT
- Max Leverage: 50x
- Maker Fee: 0.05%
- Taker Fee: 0.05%
- Base Initial Margin: 2.00%
- Base Maintenance Margin: 1.00%
You can trade the USUALUSDT perpetual contract here, or refer to the full contract specs here.
About USUAL, the Usual token
USUAL is Usual’s native utility and governance token, and has a deflationary structure with mechanisms like buy-backs, and 90% of it is distributed to the community.
Usual is a decentralized Fiat Stablecoin issuer that created USD0, a stablecoin fully backed by short-term, liquid and risk-free assets, ensuring no exposure to banks or counterparty risks, while being composable, permissionless, and transparent within the DeFi ecosystem. USD0++ is the USD0 liquid staking token, distributing rewards in the form of USUAL tokens.
Usual is supported by a diverse network of angel investors and venture capital firms, such as Michael Egorov, the founder of Curve Finance, and Sam, the founder of Frax Finance, as well as Kraken Ventures, LBank Labs, Axelar, IOSG Ventures, flowdesk, etc.
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