Bybit launches CLUSDT perpetual contract, supporting 50x leverage trading on crude oil futures

According to the official announcement, Bybit officially launched the CLUSDT perpetual contract on March 24, with the underlying asset being Crude Oil Futures (CL).

Recently, the volatility of crude oil prices has intensified. In response to the actual market situation, Bybit rapidly launched the CLUSDT perpetual contract to provide platform users with a professional trading experience, helping traders efficiently hedge risks and capture arbitrage opportunities. This product also marks Bybit's successful expansion of the crypto perpetual model to more traditional assets, enriching users' global allocation of RWA (real-world assets).

It is reported that the minimum price precision for this perpetual contract is 0.01, the initial margin rate is only 1%, and the maximum leverage can reach 50 times. Bybit reminds that users trading this contract for the first time must log in to the web version to sign the user agreement before they can start trading.