Wallets&Exchanges

Now Live: JAILSTOOLUSDT Perpetual Swap Listings With Up to 50x Leverage

A new perp listing for JAILSTOOL – the Stool Prisondente Memecoin – JAILSTOOLUSDT – is now available to trade on BitMEX, with up to 50x leverage.

Trading started here at 04:00 UTC on 11 Feb 2025

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JAILSTOOLUSDT Contract Specs

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

Key contract details for our JAILSTOOL token listing:

  • Symbol: JAILSTOOLUSDT
  • Margin Currency: USDT
  • Contract Size: 1 JAILSTOOL 
  • Lot Size: 10
  • Minimum Trade Amount: 10 JAILSTOOL
  • Underlying: .BJAILSTOOLT
  • 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 JAILSTOOL perpetual contract here, or refer to the full contract specs here.

About JAILSTOOL, the Stool Prisondente Memecoin

JAILSTOOL (Stool Prisondente) is a Solana-based memecoin, born as an internet joke referencing the hypothetical imprisonment of Dave Portnoy (@stoolpresidente), the founder of Barstool Sports. The token’s surge was fueled by Portnoy’s endorsement and his massive online following. JAILSTOOL operates on a deflationary framework with a fixed supply.

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The post Now Live: JAILSTOOLUSDT Perpetual Swap Listings With Up to 50x Leverage appeared first on BitMEX Blog.

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