In addition to our already live futures contract (SEIUSDTQ23), BitMEX users will soon be able to trade SEI perpetual swap contract (SEIUSDT), with up to 33x leverage.
Sei Network (SEI) is a layer 1 blockchain with a built-in central limit order book. When SEIUSDT begins trading, it will be available here, or for a deeper look, read on.
If you haven’t yet signed up for a BitMEX account, you can do so here.
About the SEI Token and Network
Sei Network (SEI) is a layer one blockchain, optimised for trading applications across DeFi, NFT, and gaming. It has a transactional throughput of 20,000 orders per second and a transaction finality of 500ms. The goal of the Sei Network is to enable high-frequency trading with off-chain speed, without compromising on-chain security.
SEI Linear Perpetual Swap Contract Specs
SEIUSDT is a linear perpetual swap contract, margined in USDT (ERC-20) with up to 33x leverage.
SEIUSDT contract details:
- Symbol: SEIUSDT
- Margin Currency: USDT
- Contract Size: 1 SEI
- Lot Size: 10
- Minimum Trade Amount: 10 SEI
- Underlying: .BSEIT
- Max Leverage: 33x
- Risk limit: 1,000,000 USDT
- Maker Fee: 0.02%
- Taker Fee: 0.075%
- Base Initial Margin: 3.00%
- Base Maintenance Margin: 1.50%
Users will be able to trade the SEIUSDT perpetual contract here, or check out the full contract specs here.
If you don’t have a BitMEX account yet, you can register here to create one. Currently, new joiners can earn up to 10,000 BMEX Tokens.
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In the meantime, if you have any questions please contact Support.
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