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Bybit introduces TermMax (TMX) USDT perpetual contract with capped funding rate
Bybit has announced the launch of TMXUSDT, a USDT-settled perpetual futures contract with TermMax (TMX) as the underlying asset, offering up to 20x leverage and now available for trading in the Innovation Zone.
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Bybit has announced the listing of the TMXUSDT perpetual contract, based on the TermMax (TMX) asset and settled in USDT, in its Innovation Zone. According to the official statement, the contract allows trading with up to 20x leverage, a tick size of 0.0001, and a capped funding rate of 2.5%, with funding fees settled every four hours and trading available around the clock. The Innovation Zone designation indicates that higher trading fees may apply compared to standard contracts. Bybit also notes its right to adjust contract parameters, such as leverage limits, margin rates, funding rates, and order size thresholds.
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Bybit is a cryptocurrency exchange focused on derivatives trading, offering both futures and perpetual contracts with leverage up to 100x. Its proprietary platform features integration with TradingView for enhanced market analysis and supports copy trading for both spot and derivatives markets. Bybit provides order book access, a minimum entry threshold, a crypto debit card, and 24/7 customer support; more details are available in the broker profile on Traders Union.
For more context, see our earlier news about Bybit, where the broker launched a promotional event allowing users to collect digital landmarks and unlock cash rewards of up to $2,500; details are available in the previous Bybit update on Traders Union.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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