Coming Soon: EIGENUSDT Perpetual Swap Listings With Up to 50x Leverage 

A new perp listing for EIGEN (EigenLayer) – EIGENUSDT – will be available to trade on BitMEX, with up to 50x leverage.

Trading will start here at 04:00 UTC on 2 Oct 2024.

If you haven’t signed up for a BitMEX account yet, we’re currently offering up to $5,000 in BMEX Tokens for verified users- you can register here.

EIGENUSDT Contract Specs

EIGENUSDT is a linear perpetual swap, margined in USDT. This allows users to gain exposure to the price of the EIGEN token and trade it with leverage, without needing to have any EIGEN holdings.

Key contract details for our EIGEN token listing:

• Symbol: EIGENUSDT
• Margin Currency: USDT
• Contract Size: 1 EIGEN 
• Lot Size: 10
• Minimum Trade Amount: 10 EIGEN
• Underlying: .BEIGENT
• Max Leverage: 50x
• Maker Fee: -0.015%
• Taker Fee: 0.075%
• Base Initial Margin: 2.00%
• Base Maintenance Margin: 1.00%

You will be able to  trade the EIGEN perpetual contract here, or refer to the full contract specs here.

About EIGEN, the EigenLayer Token

EigenLayer is a protocol built on Ethereum that introduces restaking, a new primitive in cryptoeconomic security. This primitive enables the reuse of ETH on the consensus layer. Users that stake ETH natively or with a liquid staking token (LST) can opt-in to EigenLayer smart contracts to restake their ETH or LST and extend cryptoeconomic security to additional applications on the network to earn additional rewards.

EIGEN is a native token of EigenLayer which is a Universal Intersubjective Work Token to complement ETH as the Universal Objective Work Token in EigenLayer. Holders can use EIGEN to secure EigenDA, Eigenlayer’s Actively Validated Service (AVS) for data availability. 

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In the meantime, if you have any questions please contact Support who are available 24/7. 

The post Coming Soon: EIGENUSDT Perpetual Swap Listings With Up to 50x Leverage  appeared first on BitMEX Blog.