A new listing – ONDOUSDT – featuring ONDO, the Ondo Finance token, will be available to trade on BitMEX, and with up to 10x leverage. Trading is expected to commence on 19 January at 04:00 UTC. For the lowdown on the latest listing, read on.
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ONDOUSDT Contract Specs
ONDOUSDT is a linear perpetual swap, margined in USDT. This allows users to gain exposure to the price of the Ondo Finance token and trade it with leverage, without needing to have any ONDO holdings.
Key contract details for our Ondo token listing:
- Symbol: ONDOUSDT
- Margin Currency: USDT
- Contract Size: 1 ONDO
- Lot Size: 100
- Minimum Trade Amount: 100 ONDO
- Underlying: .BONDOT
- Max Leverage: 10x
- Maker Fee: -0.015%
- Taker Fee: 0.075%
- Base Initial Margin: 10.00%
- Base Maintenance Margin: 5.00%
You will be able to trade the ONDOUSDT perpetual contract here, or refer to the full contract specs here.
About ONDO, the Ondo Finance Token
A Bybit Launchpool project, Ondo Finance is an institutional-grade real-world assets protocol aimed at building the next generation of financial infrastructure to improve market efficiency, transparency, and accessibility.
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The post Coming Soon: ONDOUSDT Perpetual Swap Listing with Up to 10x Leverage appeared first on BitMEX Blog.