Now Live: SWELLUSDT and APUUSDT Perpetual Swap Listings With Up to 50x Leverage

Two new listings – SWELLUSDT and APUUSDT , are available to trade on BitMEX, both with up to 50x leverage.

As of 04:00 UTC on 15 November 2024, you can…

• Trade SWELLUSDT here
• Trade APUUSDT here

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.

SWELLUSDT Contract Specs

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

Key contract details for our SWELL token listing:

• Symbol: SWELLUSDT
• Margin Currency: USDT
• Contract Size: 1 SWELL 
• Lot Size: 100
• Minimum Trade Amount: 100 SWELL
• Underlying: .BSWELLT
• Max Leverage: 50x
• Maker Fee: 0.05%
• Taker Fee: 0.05%
• Base Initial Margin: 2.00%
• Base Maintenance Margin:1.00%

You can trade the SWELL perpetual contract here, or refer to the full contract specs here.

APUUSDT Contract Specs

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

Key contract details for our APU token listing:

• Symbol: APUUSDT
• Margin Currency: USDT
• Contract Size: 1 APU 
• Lot Size: 1000
• Minimum Trade Amount: 1000 APU
• Underlying: .BAPUT
• Max Leverage: 50x
• Maker Fee: 0.05%
• Taker Fee: 0.05%
• Base Initial Margin: 2.00%
• Base Maintenance Margin: 1.00%

You can trade the APU perpetual contract here, or refer to the full contract specs here.

About SWELL: the Swell Network Token

SWELL is the native token of Swell Network, that is the restaking yield layer for Ethereum. The protocol provides liquid staking and restaking primitives for DeFi and is delivering the first vertically integrated Layer 2 restaked rollup.

Swell Network offers liquid staking and allows users to stake any amount of ETH, even less than the usual 32 ETH required for traditional staking. And for those interested in restaking, Swell Network offers rswETH. Besides, it also has Swell L2, a restaked rollup built on the Polygon CDK, to enhance the staking and restaking experience further.

Swell Network is governed by Swell DAO, the DAO plays a crucial role in the protocol’s development, governance, and community engagement.

About APU, the Ethereum Memecoin

Apu Apustaja (APU) was launched on 11 March 2024 and deployed onto the Ethereum blockchain with a total supply of 420 billion tokens. 

Apu Apustaja means “Help Helper” in English, and is a variation of Pepe the Frog created in the style of Spurdo Spärde. While originally popularised on the Finnish imageboard Ylilauta, the character is also frequently posted on 4chan where he is referred to as “Helper”.

Over time, Apu Apustaja gained widespread appeal and became a prominent meme in its own right, its community has been proactive in enhancing the memecoin’s profile through various initiatives, including community-produced music albums, an Apu Game, and a Book of Lore.

To be the first to know about our new listings, product launches, giveaways and more, we invite you to join one of our online communities and connect with other traders. 

For the absolute latest, you can also follow us on Twitter, or read our blog and site announcements. 

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

The post Now Live: SWELLUSDT and APUUSDT Perpetual Swap Listings With Up to 50x Leverage appeared first on BitMEX Blog.