BitMEX Exchange Introduces High-Leverage DOODUSDT Perpetual Swap
BitMEX has expanded its derivatives offerings with the introduction of a DOODUSDT perpetual swap contract, allowing traders to utilize up to 50x leverage. The product launched on May 12, 2024, at 04:00 UTC, providing a high-risk, high-reward instrument for sophisticated market participants.
Perpetual swaps remain a dominant force in crypto derivatives markets, with exchanges competing to list niche trading pairs. BitMEX’s latest offering meets demand for Leveraged exposure to emerging tokens, though the platform cautions that this product is not suitable for inexperienced traders.