Bybit Launches Six U.S. Stock and ETF Perpetual Contracts With 20x Leverage

Bybit launched six new perpetual contracts tied to U.S. stocks and exchange-traded funds on July 20, offering up to 20x leverage and round-the-clock trading. The crypto exchange said the products let users take leveraged directional exposure to traditional-market assets without leaving their crypto account.

The contracts are perpetuals, derivatives with no expiry date, that track the price of individual equities and sector ETFs. Unlike spot equity trading, which closes outside exchange hours, perpetuals run continuously. The 20x leverage ceiling means a trader can control a position twenty times the size of the posted collateral. That amplifies gains and losses relative to an unleveraged position, and it raises the risk of liquidation if the underlying price moves against the position by roughly 5% or less, depending on margin maintenance requirements.

Bybit has been rolling out equity-linked perpetuals in batches. Previous additions included contracts tied to the SMH and XLE sector ETFs, as well as the SKHY single-name contract. The latest batch expands the lineup with six additional instruments. The exchange did not specify which tickers in the launch announcement.