Bullish
Bybit Launches Perpetuals for LYTE, NCLD, VST with 25x Leverage
17:30
Bybit introduces perpetual contracts for three US stock ETFs and equities, offering up to 25x leverage and temporary fee discounts on limit and market orders.
Woofun AI reports that Bybit has introduced three new perpetual contracts for US-listed assets: the Roundhill Photonics and Optics ETF (LYTEUSDT), the Roundhill New Cloud Computing ETF (NCLDUSDT), and Vestra Energy (VSTUSDT). These instruments support leverage of up to 25 times. During the launch phase, Bybit is providing fee incentives, including a 0% expense ratio for limit orders and a 50% reduction for market orders.
WOOFUN AI
Impact Assessment · Quick Read
The expansion into US stock perpetuals signals Bybit's push to diversify beyond crypto-native assets, catering to traders seeking exposure to specific sectors like photonics and cloud computing. The introduction of high leverage alongside aggressive fee discounts may drive initial trading volume, though it also increases counterparty risk. This move could pressure competitors to offer similar equity-linked derivatives to retain retail interest.
Generated by WOOFUN AI · For reference only, not investment advice
Comments
No comments yet.