Bybit Lists JNJUSDT Perpetual Contract with Up to 25x Leverage

Bybit has expanded its derivatives offerings by listing a new perpetual contract on Johnson & Johnson (JNJ) against USDT, the stablecoin pegged to the US dollar. The JNJUSDT Perpetual Contract now allows traders to speculate on the stock's price movements with up to 25x leverage.

The contract is available for trading through Bybit's platform and can be accessed via Futures bots, including Futures Grid, Futures Martingale, and Futures Combo. This enables traders to automate their strategies and execute trades based on pre-set parameters.

Key details of the JNJUSDT Perpetual Contract include a maximum leverage of 25, a tick size of 0.01 USDT, and a capped funding rate of 2%. The funding fee is settled every 8 hours, and trading occurs 24/7.