TechFlow, August 20 — Bitget has officially launched the industry's first RWA index perpetual contract. The initial batch of listed assets includes TSLA/USDT (RWA), NVDA/USDT (RWA), and CRCL/USDT (RWA).
The underlying assets of the RWA contracts consist of tokenized stock-based RWA indices circulating in the market. Each index comprises multiple RWA tokens tracking prices issued by different third parties. The pricing mechanism follows the model of crypto perpetual contracts, dynamically adjusting index sources based on market activity, trading volume, liquidity, and other factors, with regular disclosure of weights to ensure pricing flexibility and fairness.
Regarding trading rules, the RWA index perpetual contracts operate under a 5×24-hour trading system. Prices are frozen during weekends and stock market closures to prevent liquidations, order cancellations are allowed but submission of new orders is suspended. Funding fee settlements resume when trading restarts. The product retains the existing trading and liquidation mechanisms of crypto perpetual contracts. Initially, the maximum leverage is capped at 10x, isolated margin mode is supported only, and platform-wide position limits are set to control risks.
During the initial phase, pricing for this product will be based on stock tokens from xStocks. More trusted issuers are planned to be integrated soon, with expansion of the RWA perpetual contract offerings scheduled for this quarter.
