Bybit Lists 24/7 Perpetual Contracts Tied to Three U.S. Stocks
The USDT-settled contracts offer up to 25x leverage, eight-hour funding settlements and no ownership rights in the underlying shares.
Bybit listed 24/7 perpetual contracts tied to three U.S.-listed companies, giving traders leveraged long or short exposure to equity prices without owning the underlying shares.
The exchange launched contracts for UiPath Inc. (PATH), Cypherpunk Technologies Inc. (CYPH) and Hut 8 Corp. (HUT) on Sept. 21 at 7 a.m. ET (11 a.m. UTC). All three contracts are settled in USDT and offer maximum leverage of 25x.
The contracts have funding-rate caps of plus or minus 2%, with funding settled every eight hours. PATHUSDT and HUTUSDT use a $0.01 tick size, while CYPHUSDT uses a $0.001 tick size.
Each contract trades around the clock and is available through Bybit’s Futures Grid, Futures Martingale and Futures Combo products. The instruments have no expiration and use margin, funding and liquidation mechanics similar to USDT-settled crypto perpetual contracts.
The products are synthetic derivatives that track the referenced equity prices. They do not represent tokenized shares or confer voting rights, dividends or physical delivery, and their prices may differ from those of the underlying stocks.
