Bybit Launches HYPEUSD Inverse Perpetual Contract Today
Bybit has launched the HYPEUSD Inverse Perpetual Contract (Inverse Perpetual), using HYPE as the margin and settlement currency, supporting up to 20x leverage with 24/7 trading.
HYPE is the native token of the Hyperliquid ecosystem, and Hyperliquid is a high-performance L1 on-chain derivatives protocol. Inverse contracts allow users to trade directly using HYPE as collateral without needing to convert to USDT, suitable for traders holding HYPE long-term to hedge or enhance returns.
