Bybit adds XDPUSDT perpetual contract with 25x leverage cap
DeFi & Yields ·
The exchange opened trading for the new pair in its Innovation Zone, a category reserved for higher-risk, higher-fee listings.
Bybit has listed the XDPUSDT Perpetual Contract in its Innovation Zone, with trading now live and leverage available up to 25x. The listing was confirmed on September 29, 2026, and is one of two distinct sources currently covering the launch.
Placement in the Innovation Zone carries specific implications for traders. Contracts in this category are subject to a higher trading fee than standard listings, a structure Bybit applies to newer or more volatile assets as they onboard. The exchange has also flagged that it retains the right to adjust launch timing and contract parameters after the fact, a standard caveat that leaves room for changes to leverage limits, margin rates, and other trading mechanics without further notice.
Those adjustable parameters include the minimum price change, initial and maintenance margin rates, maximum order sizes for both limit and market orders, and the calculation methods for funding rate, mark price, and index price. None of these have been specified beyond the 25x leverage ceiling disclosed at launch, meaning the operational details of how the contract will behave under stress remain undefined for now.
The listing itself is the only concrete data point available: a new perpetual contract, an Innovation Zone designation, and a 25x leverage cap. No information has been provided on the underlying XDP asset, its market activity since listing, or trading volumes.
What remains unresolved is whether Bybit will revise any of the contract's parameters in the near term, as it has explicitly reserved the right to do, and how the elevated Innovation Zone fee structure will affect trading activity relative to standard contracts. Traders and observers will need to watch for any follow-up notices from Bybit adjusting margin requirements or leverage limits as the contract matures.