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

A new perp listing for BIO – BIOUSDT – is now available to trade on BitMEX, with up to50xleverage.

Trading started here at04:00 UTCon6 Jan2025.

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.

BIOUSDTContract Specs

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

Key contract details for our BIO token listing:

• Symbol:BIOUSDT

• Margin Currency: USDT

• Contract Size: 1 BIO

• Lot Size: 1

• Minimum Trade Amount: 1 BIO

• Underlying:.BBIOT

• Max Leverage: 50x

• Maker Fee: 0.05%

• Taker Fee: 0.05%

• Base Initial Margin: 2.00%

• Base Maintenance Margin: 1.00%

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

About BIO, the governance token of the BIO protocol

BIO is the native governance token of the BIO protocol.

BIO protocol is a new financial layer for decentralized science aimed at accelerating the flow of capital and talent into onchain science. The protocol is designed to catalyze an onchain economy of scientific communities (bioDAOs) and create deep, liquid, efficient markets for scientific IP developed by bioDAOs, especially on environmental sustainability, biotech research, and healthcare advancements.

BIO allows holders to signal which bioDAOs to support (curation), vote on future BIO issuance or distribution, and implement accelerator programs for the development of the network.

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