BitMEX launches Solana (SOL) perpetual contract with up to 33x leverage

2021-5-27 19:18

CryptoNinjas » BitMEX launches Solana (SOL) perpetual contract with up to 33x leverage

Crypto derivatives exchange BitMEX, announced today the summer rollout of listing 10 new products has begun; starting with – Solana (SOL).

The SOLUSDT Perpetual Swap contract with up to 33x leverage will go live at 04:00 UTC on Tuesday, June 1st, 2021; and is visible now testnet.

Like all BitMEX quanto contracts, the SOLUSDT product will have a fixed Bitcoin multiplier regardless of the Tether/Solana price. This allows traders to long or short the SOL/USDT exchange rate without ever touching either SOL or USDT.

Traders post margin in XBT and earn or lose XBT as the SOL/USDT rate changes. This quanto risk premium may be one of the factors which result in the SOLUSDT swap trading at a premium/discount to the SOLUSDT spot price.

Contract Details:

Symbol: SOLUSDT Bitcoin Multiplier: 0.00001 XBT (1,000 Satoshis) XBT Contract Value: SOLUSDT Price * Bitcoin Multiplier (1,000 Sat / 1 USDT) Underlying: .BSOLT Max Leverage: 33x Maker Fee: -0.025% Taker Fee: 0.075% Base Initial Margin: 3.00% Base Maintenance Margin: 1.50%

The testnet contract will be visible on the platform from 04:00 UTC on 31 May 2021 as Unlisted, 24 hours before trading starts at 04:00 UTC on 1 June 2021.

CryptoNinjas » BitMEX launches Solana (SOL) perpetual contract with up to 33x leverage

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Solana (SOL) на Currencies.ru

$ 157.76 (-0.81%)
Объем 24H $1.722b
Изменеия 24h: -2.94 %, 7d: -5.49 %
Cегодня L: $157.65 - H: $159.32
Капитализация $72.661b Rank 5
Цена в час новости $ 33.02 (377.77%)

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