Two new listings – SWELLUSDT and APUUSDT , are available to trade on BitMEX, both with up to 50x leverage.
As of 04:00 UTC on 15 November 2024, you can…
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SWELLUSDT Contract Specs
SWELLUSDT is a linear perpetual swap, margined in USDT. This allows users to gain exposure to the price of the SWELL token and trade it with leverage, without needing to have any SWELL holdings.
Key contract details for our SWELL token listing:
- Symbol: SWELLUSDT
- Margin Currency: USDT
- Contract Size: 1 SWELL
- Lot Size: 100
- Minimum Trade Amount: 100 SWELL
- Underlying: .BSWELLT
- 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 SWELL perpetual contract here, or refer to the full contract specs here.
APUUSDT Contract Specs
APUUSDT is a linear perpetual swap, margined in USDT. This allows users to gain exposure to the price of the APU token and trade it with leverage, without needing to have any APU holdings.
Key contract details for our APU token listing:
- Symbol: APUUSDT
- Margin Currency: USDT
- Contract Size: 1 APU
- Lot Size: 1000
- Minimum Trade Amount: 1000 APU
- Underlying: .BAPUT
- 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 APU perpetual contract here, or refer to the full contract specs here.
About SWELL: the Swell Network Token
SWELL is the native token of Swell Network, that is the restaking yield layer for Ethereum. The protocol provides liquid staking and restaking primitives for DeFi and is delivering the first vertically integrated Layer 2 restaked rollup.
Swell Network offers liquid staking and allows users to stake any amount of ETH, even less than the usual 32 ETH required for traditional staking. And for those interested in restaking, Swell Network offers rswETH. Besides, it also has Swell L2, a restaked rollup built on the Polygon CDK, to enhance the staking and restaking experience further.
Swell Network is governed by Swell DAO, the DAO plays a crucial role in the protocol’s development, governance, and community engagement.
About APU, the Ethereum Memecoin
Apu Apustaja (APU) was launched on 11 March 2024 and deployed onto the Ethereum blockchain with a total supply of 420 billion tokens.
Apu Apustaja means “Help Helper” in English, and is a variation of Pepe the Frog created in the style of Spurdo Spärde. While originally popularised on the Finnish imageboard Ylilauta, the character is also frequently posted on 4chan where he is referred to as “Helper”.
Over time, Apu Apustaja gained widespread appeal and became a prominent meme in its own right, its community has been proactive in enhancing the memecoin’s profile through various initiatives, including community-produced music albums, an Apu Game, and a Book of Lore.
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