Dear BitTap Users,
We are excited to announce that BitTap will officially list the UMA/USDT perpetual contract trading pair on August 9, 2025. This contract supports both long and short positions with leverage up to 50x. We invite all users to participate and experience our flexible and efficient derivatives trading services.
Contract Trading Launch Time: August 9, 2025, 04:00 (UTC+0)
| Contract Parameters | Details |
Contract Underlying Asset | UMA |
| Settlement Asset | USDT |
| Minimum Tick | 0.001 |
| Maximum Leverage | 50x |
| Funding Settlement Frequency | Every 8 Hours |
| Trading Hours | 7*24 |
BitTap may adjust important contract parameters, including the minimum price fluctuation, maximum leverage, and maintenance margin rate, based on market risk conditions.
Risk Disclosure:
Cryptocurrency assets are subject to high market volatility and risk, and their prices may fluctuate significantly due to various factors. Please ensure you fully understand the characteristics of the relevant assets and make rational judgments and independent decisions based on your own risk tolerance before trading. As a neutral platform, BitTap is not responsible for any user's trading activities or their outcomes.