A new breed of crypto derivative – the ETH staking yield swap (ETHYLD) – has arrived at BitMEX. It’s an addition that means, from today at 04:00 UTC, users can trade and speculate on daily ETH staking rates, with up to 2x leverage.
The introduction of ETHYLD unlocks new trading and hedging opportunities for our users – including the ability to take positions on the value of ETH staking (and validator rewards). More derivative listings are on their way, so stay tuned.
Start trading ETHYLD here, or read our blog for a deep dive into ETH staking yield swaps.
In the meantime, if you have any questions please contact Support.