Bybit launches MRKUSDT perpetual contract with up to 25x leverage.
DeFi & Yields ·
Bybit has listed the MRKUSDT TradFi Perpetual Contract, enabling traders to open positions with up to 25x leverage. The contract is designed as a synthetic derivative tracking the price of an underlying asset and is accessible through multiple automated trading features, including Futures Grid, Futures Martingale, and Futures Combo strategies.
TradFi Perpetual Contracts are structured to reference price movements of traditional finance assets such as equities, ETFs, and commodities, but trading them does not grant ownership of the underlying asset or rights to dividends, voting rights, or distributions. Contract prices may diverge from underlying asset prices, and leverage amplifies both gains and losses, including the possibility of total margin loss.
Bybit reserves broad discretion to modify contract specifications, parameters, and availability at any time without advance notice. The product's availability may be restricted by jurisdiction, and trading involves material risks including those stemming from corporate actions affecting the underlying asset.