Now Live: CHILLGUYUSDT Perpetual Swap Listings With Up to 50x Leverage

A new perp listing for Just a Chill Guy (CHILLGUY) – a TikTok-inspired memecoin – CHILLGUYUSDT – is now available to trade on BitMEX, with up to 50x leverage.

Trading started here at 04:00 UTC on 22 Nov 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.

CHILLGUYUSDT Contract Specs

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

Key contract details for our CHILLGUY token listing:

• Symbol: CHILLGUYUSDT
• Margin Currency: USDT
• Contract Size: 1 CHILLGUY 
• Lot Size: 10
• Minimum Trade Amount: 10 CHILLGUY
• Underlying: .BCHILLGUYT
• 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 CHILLGUY perpetual contract here, or refer to the full contract specs here.

About CHILLGUY, a TikTok-inspired Memecoin

Just a Chill Guy (CHILLGUY) is a Solana based memecoin that uses an anthropomorphic character as its mascot. This character was created by artist Phillip Banks in 2023, with sweatshirt, jeans, and sneakers, and his hands tucked in his pockets, depicting a pretty chill-looking lowkey relaxed dude.

This “Chill Guy” character has appeared to go viral on Gen Z-favored social media platform TikTok, as users couple the character with a caption about men just being “chill guys” despite the hardships in their lives—however big or small.

As such, the token has soared from a $10 million market cap on 18 Nov to $488 million on 20 Nov, with over $400 million market cap as of 22 Nov.

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