A new listing – ONDOUSDT – featuring ONDO, the Ondo Finance token, will be available to trade on BitMEX, and with up to 10x leverage. Trading is expected to commence on 19 January at 04:00 UTC. 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.
ONDOUSDT Contract Specs
ONDOUSDT is a linear perpetual swap, margined in USDT. This allows users to gain exposure to the price of the Ondo Finance token and trade it with leverage, without needing to have any ONDO holdings.
Key contract details for our Ondo token listing:
Margin Currency: USDT
Contract Size: 1 ONDO
Lot Size: 100
Minimum Trade Amount: 100 ONDO
Max Leverage: 10x
Maker Fee: -0.015%
Taker Fee: 0.075%
Base Initial Margin: 10.00%
Base Maintenance Margin: 5.00%
About ONDO, the Ondo Finance Token
A Bybit Launchpool project, Ondo Finance is an institutional-grade real-world assets protocol aimed at building the next generation of financial infrastructure to improve market efficiency, transparency, and accessibility.
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.
In the meantime, if you have any questions please contact Support who are available 24/7.
The post Coming Soon: ONDOUSDT Perpetual Swap Listing with Up to 10x Leverage appeared first on BitMEX Blog.