A new perp listing for BABY (Babylon) – BABYUSDT – is now available to trade on BitMEX, with up to 50x leverage.
Trading started here at 04:00 UTC on 11 Apr 2025.
If you haven’t signed up for a BitMEX account yet, we’re currently offering up to $5,000 in BMEX Tokens for verified users- you can register here.
BABYUSDT Contract Specs
BABYUSDT is a linear perpetual swap, margined in USDT. This allows users to gain exposure to the price of the Babylon token and trade it with leverage, without needing to have any Babylon holdings.
Key contract details for our Babylon token listing:
- Symbol: BABYUSDT
- Margin Currency: USDT
- Contract Size: 1 BABY
- Lot Size: 1
- Minimum Trade Amount: 1 BABY
- Underlying: .BBABYT
- Max Leverage: 50x
- Maker Fee: 0.05%
- Taker Fee: 0.05%
- Base Initial Margin: 2.00%
- Base Maintenance Margin: 1.00%
You can trade the BABYUSDT perpetual contract here, or refer to the full contract specs here.
About BABY, the Babylon Token
Babylon (BABY) is a decentralised protocol designed to enable native Bitcoin staking directly on the Bitcoin blockchain without intermediaries. It does this through a unique architecture that uses Bitcoin scripts, custom-built modules, and a connection to a secondary blockchain called Babylon Genesis.
It introduces a novel shared-security architecture that extends Bitcoin’s robust security model to the broader decentralized ecosystem. By allowing BTC holders to participate in staking operations while maintaining their assets on the Bitcoin network, Babylon provides verifiable security guarantees to other networks that are parts of the Bitcoin Secured Networks (BSNs).
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