Category: Perpetual Swap

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BitMEX Incrases Leverage to 250x on its Bitcoin Perpetual Swap to Benefit Traders Amid Halving Volatility

April 19, 2024

Crypto derivatives exchange BitMEX’s Bitcoin perpetual swap XBTUSD is now offering 250x leverage, up from 100x, ahead of Bitcoin halving. The significant increase comes following requests from traders to profit from the anticipated volatility as halving approaches, the company said in a release shared to Cryptonews. A perpetual swap is a type of derivative trading…
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Perpetual Protocol crosses $500K open interest cap amid BTC all-time high

December 17, 2020

Newly launched DeFi derivatives platform Perpetual Protocol crosses open interest milestone in barely 24 hours. Perpetual Protocol, a new DeFi derivatives exchange, revealed that the platform had already crossed its $500,000 open interest (OI) cap for decentralized perpetual contracts. The announcement is coming less than 24 hours after the mainnet launch of the service on Wednesday. Following…
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