Bybit launches CLUSDT perpetual contract to support 50 times leveraged trading of crude oil futures targets

According to an official announcement, Bybit has officially launched the CLUUSDT perpetual contract on March 24, with the underlying price of crude oil futures (CL).<br /> Recently, the volatility of crude oil prices has intensified. Based on the actual market situation, Bybit has quickly launched the CLUSDT perpetual contract, bringing a professional-level trading experience to platform users and helping traders efficiently hedge risks and capture arbitrage opportunities. This product also marks Bybit's successful expansion of its cryptographic sustainability model to more traditional assets, enriching users 'global RWA (Real World Assets) configuration.<br /> It is reported that the minimum price accuracy of this perpetual contract is 0.01, the initial margin ratio is only 1%, and the maximum leverage can reach 50 times. Bybit reminds that users who trade this contract for the first time must log in to the web version and sign the user agreement before starting trading.