Bitget Launches Industry's First TradFi Quanto Perpetual Contract, Initial Underlying Asset MINIMAX

Bitget announces the listing of the MINIMAX Quanto Perpetual Contract MINIMAXHKDUSDT, supporting up to 20x leverage and 7×24-hour trading. As the industry's first TradFi Quanto Perpetual Contract, this product allows users to directly trade non-USD denominated overseas stocks such as HK stocks using USDT, without the need for foreign currency exchange throughout the process. The contract itself is quoted in HKD, while margin deposits and profit and loss settlements are both completed in USDT, simplifying the trading process while effectively avoiding additional risks caused by exchange rate fluctuations. According to the TokenInsight Q2 2026 Report, TradFi Perpetual Contracts have become the fastest-growing sector, with monthly trading volume surging from approximately $52 billion in January to $268 billion in June, a 5-fold increase. Against this backdrop, Bitget's TradFi contract trading volume in Q2 was approximately $69 billion, ranking second in the industry with a market share of 11.01%.