Now Live: MGOUSDT Perpetual Swap Listing With Up to 50x Leverage

A new perp listing for MGO (Mango Network) - MGOUSDT – is available to trade on BitMEX, with up to50xleverage.

Trading started here at04:00 UTC on 25 June 2025.

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MGOUSDT Contract Specs

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

Key contract details for our Mango Network token listing:

• Symbol:MGOUSDT

• Margin Currency: USDT

• Contract Size: 1 MGO

• Lot Size: 1

• Minimum Trade Amount: 1 MGO

• Underlying:.BMGOT

• Max Leverage: 50x

• Maker Fee: 0.05%

• Taker Fee: 0.05%

• Base Initial Margin: 2.00%

• Base Maintenance Margin: 1.00%

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

About MGO, the Mango Network Token MGO is Mango Network's official token, powering that sovereign Layer-1 omnichain blockchain.

Mango Network is designed to overcome fragmentation and enhance interoperability within the Web3 and DeFi landscape. It boasts a unique Multi-VM architecture, natively integrating both the Move Virtual Machine (MoveVM) and the Ethereum Virtual Machine (EVM) within a single platform. This allows developers to build and deploy smart contracts using either the Move language (known for its enhanced security features) or Solidity (for broader compatibility with existing Ethereum-based applications), enabling seamless cross-VM communication.

MGO plays a central role in the Mango Network ecosystem, serving multiple utilities: it is used to pay for all transaction fees across Mango's multi-VM network, is staked by validators and delegators to secure the network through a Delegated Proof-of-Stake (DPoS) consensus mechanism and earn rewards, and grants holders governance rights to vote on network upgrades and proposals. Mango Network aims to provide high throughput (up to 297,450 TPS) and low latency with sub-second finality, making it suitable for high-performance decentralized applications, including DeFi, GameFi, and SocialFi.

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