Bybit Lists Schrödinger Perpetual Contract with 25x Leverage

Bybit has introduced a new perpetual contract called SDGRUSDT, which allows users to trade synthetic exposure to Schrödinger Inc. shares with up to 25x leverage.

The contract is part of Bybit's TradFi perpetual platform and offers a way for traders to gain exposure to the biotech company's stock price without actually owning the underlying shares.

Schrödinger is a software and drug-discovery company that has been added to Bybit's growing list of equities available through crypto-style perpetual futures.

The new contract opened on September 22, giving users access to continuous long or short exposure to SDGR through a USDT-settled contract.