Bybit launched LITUSDT perpetual contracts, allowing leverage from 1x to 25x for traders looking to maximize their positions on the LIT token.
The move expands Bybit’s derivatives portfolio and provides new tools for traders aiming to capitalize on volatility. LIT trades at $2.73, with a market cap of $682 M and daily volumes of $6.22 M.
Other exchanges have introduced similar products to attract both retail and professional traders interested in high-risk, high-reward contracts. Bybit positions itself against Binance Futures, which launched LITUSDT pre-market contracts with up to 5x leverage on December 23, sparking a competition for liquidity and community attention.
LIT’s price action shows moderate gains and short-term stability. With this offering, the exchange strengthens its presence in the emerging crypto derivatives market.
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