Dear BitTap Users,
We are excited to announce that BitTap will officially launch the UNIUSDT perpetual contract at 12:00 (UTC+8) on May 13, 2025. This contract supports both long and short positions, with up to 50x leverage. We warmly invite all users to actively participate and experience flexible and efficient derivative trading services.
Launch Schedule:
Contract Trading Opens: May 13, 2025 at 12:00 (UTC+8)
Contract Details:
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Trading Pair: UNIUSDT Perpetual Contract
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Underlying Asset: UNI
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Quote Asset: USDT
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Supported Network: Ethereum
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Maximum Leverage: 50x
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Funding Rate Mechanism: Settled every 8 hours
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Trading Mechanism: USDT-based, perpetual contract, supports both long and short positions
Project Overview: Uniswap (UNI)
Uniswap is a decentralized trading protocol based on Ethereum and one of the most representative AMM (Automated Market Maker) projects in the DeFi space. UNI is its governance token, allowing holders to participate in protocol governance and proposal voting. Uniswap has driven the development of DEX and innovation in on-chain liquidity mechanisms, with a large user base and substantial locked funds.
Key Data (from CoinMarketCap, as of May 11, 2025):
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Current Market Cap: $6,280,000,000
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Circulating Supply: 753,766,667 UNI
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Total Supply: 1,000,000,000 UNI
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Circulation Rate: 75.38%
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All-Time High: $44.97 (May 3, 2021)
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All-Time Low: $1.03 (September 17, 2020)
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24-Hour Trading Volume to Market Cap Ratio: 5.2%
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Market Rank: 23rd
Risk Warning:
UNI is a highly volatile digital asset, and its price may be affected by various factors such as market sentiment, policy regulations, and the performance of the DeFi sector. Derivatives trading carries high leverage and high risk. Please participate with caution based on your risk tolerance and set appropriate stop-loss and take-profit orders.
Thank you for your continued support of BitTap!
Best regards,
BitTap Team
May 12, 2025