Wallets&Exchanges

Coming Soon: SXTUSDT Perpetual Swap Listing With Up to 50x Leverage

A new perp listing for SXT (Space and Time) – SXTUSDT – is available to trade on BitMEX, with up to 50x leverage.

Trading will start here at 04:00 UTC on 9 May 2025.

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.

SXTUSDT Contract Specs

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

Key contract details for our Space and Time token listing:

  • Symbol: SXTUSDT
  • Margin Currency: USDT
  • Contract Size: 0.01 SXT
  • Lot Size: 100
  • Minimum Trade Amount: 1 SXT 
  • Underlying: .BSXTT
  • 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 SXTUSDT perpetual contract here, or refer to the full contract specs here.

About SXT, the Space and Time Token
Space and Time is a decentralized data warehouse that brings zero-knowledge verifiability to data processing pipelines used by smart contracts, decentralized applications, and AI agents. Launched in 2022, the protocol allows developers to query both onchain and offchain data and verify results using cryptographic proofs before those results are used in blockchain-based systems. The core innovation behind the protocol is Proof of SQL, a zero-knowledge proof system that enables developers to generate verifiable attestations for standard SQL queries. Proofs are generated offchain and verified by SXT Chain, a Substrate-based blockchain that serves as a decentralized verifier network. Proof of SQL targets sub-second proving time and is purpose-built for low-latency, high-throughput workloads. The protocol supports querying over the full historical state of integrated blockchains and custom data sources. Space and Time uses a hybrid architecture. 

The SXT token is deployed as an ERC-20 token on Ethereum and functions as the network’s native utility token. SXT is used for staking, data processing payments, access control, and incentives for data contributors. On the protocol side, SXT Chain coordinates validator staking, consensus, and zero-knowledge proof verification. Developers interact with the network through Space and Time Studio, a web-based interface that includes SQL tools, dashboards, an AI-powered query assistant, and access to a decentralized data marketplace. Current chain integrations include Ethereum, Bitcoin, Polygon, zkSync, Sui, and Sei, with additional support under development. Space and Time is designed to serve a wide range of applications—from data-driven DeFi protocols and trustless cross-chain analytics to onchain agents powered by large language models. The network allows smart contracts to ask data-driven questions and receive cryptographically verified responses just-in-time for execution.

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The post Coming Soon: SXTUSDT Perpetual Swap Listing With Up to 50x Leverage appeared first on BitMEX Blog.

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