BitMEX launches InitiatUSDT perpetual contract, supporting up to 50 times leverage

Odaily Planet Daily News: BitMEX has announced the launch of the Initiata USDT perpetual contract trading pair, which supports up to 50 times leverage and will be open for trading on April 25, 2025 at 12:00 (UTC+8). It is reported that Initia is a platform aimed at simplifying modular Rollup creation and interoperability, and its native token, Initiat, is used in the network for governance, staking, and obtaining transaction fees.