Listing on 7 Feb: DYMUSDT Perpetual Swap

DYMUSDT, the native token of Dymension, a L1 modular blockchain, will be available to trade on BitMEX, with up to 10x leverage starting on 7 Feb 2024 at 04:00 UTC.

For a deeper look at our new Dymension 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.

DYMUSDT Contract Specs

DYMUSDT is a linear perpetual swap, margined in USDT. This allows users to gain exposure to the price of the DYM token and trade it with leverage, without needing to have any DYM holdings.

Key contract details for our DYM token listing:

    • Symbol: DYMUSDT
    • Margin Currency: USDT
    • Contract Size: 1 DYM
    • Lot Size: 1
    • Minimum Trade Amount: 1 DYM
    • Underlying: .BDYMT
    • Max Leverage: 10x
    • Maker Fee: -0.015%
    • Taker Fee: 0.075%
    • Base Initial Margin: 10.00%
    • Base Maintenance Margin: 5.00% 

About DYM, the Dymension Token

DYM is the native token of Dymension and DYM is used to pay for transaction fees as well as enabling governance rights. Dymension is a layer 1, modular blockchain designed to secure and interconnect rollups using the Inter-Blockchain Communication (IBC) standard. Dymension disaggregates resource consumption by introducing a multi-layer blockchain protocol for building and deploying permission-less application-specific rollups. 

You will be able to trade the DYMUSDT contract here, or refer to the full contract specs here

To be the first to know about our new listings, product launches, giveaways and more, we invite you to join one of our online communities and connect with other traders.  For the absolute latest, you can also follow us on Twitter, or read our blog and site announcements for the absolute latest. 

The post appeared first on Blog BitMex

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