Deribit Adds New Perpetual Futures Contracts for PEPE, SHIB, and WLD

Deribit has added three new USDC-denominated linear perpetual futures contracts to its platform. The contracts are for 1000PEPE, 1000SHIB, and WLD, and they can be traded 24/7. The contract specifications are available on Deribit's support pages.

The new contracts use USDC for quoting and settlement, with daily cash settlement at 08:00 UTC based on a time-weighted average price. They also feature standard funding and risk management mechanisms such as a funding cap, funding dampener, and auto-deleverage process.

Deribit is a cryptocurrency exchange that specializes in futures and options trading for assets such as BTC, ETH, USDC, SOL, XRP, LUNA, and AVAX. The platform offers leverage up to 50x and supports trading through both browser and mobile applications.