Now Live: WUSDT Perpetual Swap Listing with Up to 10x Leverage

WUSDT- featuring W, the Wormhole token is now available to trade on BitMEX, with up to10xleverage.

Trading started on 3 April 2024 shortlyafter 13:00 UTC.For the lowdown on the latest listing, read on.

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

WUSDT Contract Specs

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

Key contract details for our WUSDT listing:

• Symbol:WUSDT

• Margin Currency: USDT

• Contract Size:1 W

• Lot Size:1

• Minimum Trade Amount:1 W

• Underlying:.BWT

• Max Leverage: 10x

• Maker Fee: -0.015%

• Taker Fee: 0.075%

• Base Initial Margin: 10.00%

• Base Maintenance Margin: 5.00%

About W, the Wormhole Token

W is the native token that can be used by holders to participate in the governance of the Wormhole protocol.

Wormhole is an open-source blockchain development platform focused on interoperability connecting the decentralized web. The platform is divided into four core foundations: messaging (for secure cross-chain transfers), queries (for pulling on-chain data to your app on any chain), connect (for integrating in-app bridget widgets), and gateway (for growing liquidity and users).

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