TechFlow reports, on July 07, Bybit has listed the HYPEUSD Inverse Perpetual Contract (Inverse Perpetual), using HYPE as the margin and settlement currency, supporting up to 20x leverage, with 24/7 trading.
HYPE is the native token of the Hyperliquid ecosystem, and Hyperliquid is a high-performance L1 on-chain derivatives protocol. Inverse contracts allow users to trade directly using HYPE as collateral without converting to USDT, suitable for traders holding HYPE long-term to hedge or enhance yields.
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