Bybit has listed the VUSDT perpetual contract with leverage of up to 25x, adding another USDT-margined derivatives product to its trading lineup.

The VUSDT perpetual contract is available through Bybit’s trading interface at The listing is for a perpetual futures instrument, not a spot market product, meaning users are trading a derivative tied to the contract’s underlying market rather than directly buying or selling the asset itself.

The contract’s maximum leverage is 25x. That level is the central term of the listing and sets the upper limit for position size relative to the margin posted by a trader.

The addition continues Bybit’s recent expansion of its perpetual contract offerings. The exchange also recently listed the TZAUSDT perpetual contract with leverage of up to 20x, another USDT-margined derivatives instrument.

What the 25x leverage limit means

As a perpetual contract, VUSDT does not have an expiry date, unlike dated futures contracts. Positions may remain open indefinitely, provided applicable margin requirements continue to be met.

A 25x leverage ceiling can amplify the effect of price movements on posted margin. It may increase potential gains on a given amount of margin, but it also increases liquidation risk because a smaller adverse price move can eliminate a leveraged position.

USDT-margined contracts are typically quoted and settled against Tether rather than requiring traders to post the underlying asset as collateral. That structure can simplify collateral management for users who already hold USDT, but it does not remove the risks associated with leveraged derivatives.

The available information does not confirm more detailed contract specifications, including funding rates, margin modes, fees, or settlement terms. Users would need to verify those parameters directly on Bybit before opening a position.

Listing expands Bybit’s derivatives access

The clearest supported significance of the VUSDT listing is expanded access to derivatives products on Bybit. The new contract broadens the range of instruments available to users rather than indicating any confirmed market event.

USDT is the settlement asset for the contract. Broader market effects from the VUSDT listing itself, including any impact on price, liquidity, or trading volume, are not established by the available information.

Bybit has been active across several areas recently, including launching in Indonesia after its NOBI acquisition and supporting the Monad network upgrade. The VUSDT perpetual contract fits within that broader pattern of continued product expansion.

Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital asset markets carry significant risk. Always do your own research before making decisions.