A new perp listing for PENGU – PENGUUSDT – will be available to trade on BitMEX, with up to 50x leverage.
Trading will start here at 04:00 UTC on 18 Dec 2024.
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.
PENGUUSDT Contract Specs
PENGUUSDT is a linear perpetual swap, margined in USDT. This allows users to gain exposure to the price of the PENGU token and trade it with leverage, without needing to have any PENGU holdings.
Key contract details for our PENGU token listing:
- Symbol: PENGUUSDT
- Margin Currency: USDT
- Contract Size: 1 PENGU
- Lot Size: 1
- Minimum Trade Amount: 1 PENGU
- Underlying: .BPENGUT
- Max Leverage: 50x
- Maker Fee: 0.05%
- Taker Fee: 0.05%
- Base Initial Margin: 2.00%
- Base Maintenance Margin: 1.00%
You will be able to trade the PENGU perpetual contract here, or refer to the full contract specs here.
About the PENGU Token
PENGU is the official coin of Pudgy Penguins, a leading NFT project in the crypto space. With PENGU, millions of Pudgy Penguin fans and the hundreds of millions of people outside of crypto that see and share the Pudgy Penguin every day finally have the opportunity to align themselves with the character.
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