BitMEX Exchange Unveils 50x Leverage SOPH/USDT Perpetual Contracts
BitMEX has expanded its derivatives lineup with the launch of SOPH/USDT perpetual swaps, offering traders up to 50x leverage. Trading commenced on May 29, 2025, catering to both institutional and retail investors looking for high-risk exposure to the $SOPH cryptocurrency.
This rollout aligns with surging demand for Leveraged crypto products as derivatives activity spikes across exchanges. While BitMEX highlights the contract’s capital efficiency, the 50x leverage carries substantial liquidation risks during market volatility.