BitMEX Exchange Rolls Out High-Leverage SOPHUSDT Perpetual Swap
BitMEX, a premier cryptocurrency derivatives exchange, is set to launch SOPHUSDT perpetual swaps on May 29, 2025, featuring up to 50x leverage. This new offering allows traders to take both long and short positions on the $SOPH token, targeting those with high-risk appetite strategies.
The listing underscores BitMEX’s aggressive push into altcoin derivatives as demand for Leveraged crypto products surges. While 50x leverage significantly boosts profit potential, it also heightens liquidation risks—a calculated trade-off for traders chasing volatility.
Analysts highlight the timing aligns with growing institutional interest in synthetic asset trading. BitMEX follows rival platforms in introducing extreme leverage options, despite ongoing regulatory challenges in key markets.
