Now Live: JELLYJELLYUSDT Perpetual Swap Listings With Up to 25x Leverage
A new perp listing for $JELLY – JELLYJELLYUSDT – is now available to trade on BitMEX, with up to 25x leverage.
Trading started here at 04:00 UTC on 27 Mar 2024.
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JELLYJELLYUSDT Contract Specs
JELLYJELLYUSDT is a linear perpetual swap, margined in USDT. This allows users to gain exposure to the price of the Jelly-My-Jelly token and trade it with leverage, without needing to have any Jelly-My-Jelly holdings.
Key contract details for our Jelly-My-Jelly token listing:
- Symbol: JELLYJELLYUSDT
- Margin Currency: USDT
- Contract Size: 1 JELLYJELLY
- Lot Size: 1
- Minimum Trade Amount: 1 JELLYJELLY
- Underlying: .BNILT
- Max Leverage: 50x
- Maker Fee: 0.05%
- Taker Fee: 0.05%
- Base Initial Margin: 4.00%
- Base Maintenance Margin: 2.00%
You can trade the Jelly-My-Jelly perpetual contract here, or refer to the full contract specs here.
About JELLYJELLY, the Jelly-My-Jelly Token
JELLYJELLY is the native token of the Jelly-My-Jelly project, a Solana-based cryptocurrency launched by Venmo co-founder Iqram Magdon-Ismail and early investor Sam Lessin. This token is primarily associated with a video-sharing app that allows users to record and share clips from video chats, utilizing AI for captioning and summarizing. The project gained significant attention as a meme coin, with trading volumes reaching over $710 million on decentralized exchanges like Raydium and Meteora.
JELLYJELLY serves to grant early access to the JellyJelly app and facilitates trading on various cryptocurrency exchanges. The token has a total supply of approximately 1 billion, with nearly all of it in circulation. While specific allocation details are not fully disclosed, the token’s primary use is for accessing the app and participating in the broader crypto market. The project’s market capitalization surged initially but has stabilized around $30 million, reflecting the volatile nature of meme coins in the cryptocurrency space.
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