Bitrue launches perpetual futures trading for PROLOGUEUSDT (Fables DEX token on Robinhood Chain) with up to 20x leverage, trading live September 4.
DeFi & Yields ·
Bitrue has launched perpetual futures trading for PROLOGUEUSDT, a token associated with Fables, a decentralized exchange operating on Uniswap V4 within the Robinhood Chain ecosystem. Trading commenced September 4 at 12:00 UTC and permits users to take leveraged positions of up to 20x in either direction.
The listing expands Bitrue's derivatives offerings and brings liquidity infrastructure to a protocol native to Robinhood Chain. Fables employs ve(3,3) tokenomics, a governance model combining vote-escrow and protocol-owned liquidity incentives. The perpetual contract structure allows traders to establish directional bets on PROLOGUE without holding the underlying asset outright, though at proportionally higher capital efficiency and liquidation risk.
Market adoption and sustained trading volume for the pair remain to be observed, as does whether the leverage offering attracts sufficient order flow to maintain the market's viability.