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

A new perp listing for Puffer Finance – a liquid restaking platform – PUFFERUSDT – is now available to trade on BitMEX, with up to 50x leverage.

Trading started here at 12:00 UTC on 15 Oct 2024.

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PUFFERUSDT Contract Specs

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

Key contract details for our PUFFER token listing:

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

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

About Puffer Finance

Puffer Finance is a decentralised platform designed to enhance Ethereum’s scalability and security through innovative restaking and rollup solutions. The ecosystem comprises Puffer LRT (Liquid Restaking Token) and the UniFi suite of products, which includes UniFi AVS and UniFi Based Rollup.

PUFFER is the native governance token that will be used for governing key protocol parameters across the Puffer and UniFi ecosystem, selecting guardians, restaking operators, and curating supported AVSs, managing fee structures, and whitelisting new rollups for AVS support.

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