We are pleased to announce that BitTap will officially launch the LAYER/USDT perpetual contract trading pair on May 19, 2025 (UTC+8). This contract supports both long and short positions, with a maximum leverage of 50x. We warmly invite all users to actively participate and experience the flexible and efficient derivative trading services.
Launch Schedule
Contract Trading Open Time: May 19, 2025 (UTC+8)
Contract Product Information
Trading Pair: LAYER/USDT Perpetual Contract
Underlying Asset: LAYER
Quoted Asset: USDT
Supported Network: Ethereum
Maximum Leverage: 50x
Funding Rate Mechanism: Settled every 8 hours
Trading Mechanism: USDT-based, perpetual contract, supports both long and short positions
Project Introduction: LAYER
LAYER is the native asset of Solayer, a next-generation blockchain infrastructure project building InfiniSVM—a high-performance architecture designed to achieve ultra-high throughput, low latency, and powerful composability. By leveraging Infiniband RDMA technology, InfiniSVM enables near-microsecond communication between nodes and integrates advanced concurrency control strategies to push blockchain performance to its hardware limits.
The system is engineered to support 1 million+ TPS and 100Gbps+ network bandwidth, making it ideal for applications that require efficiency, low fees, and seamless composability. Solayer officially launched in Q1 2024 and is rapidly driving the evolution of blockchain infrastructure.
Key Data (as of May 17, 2025)
Market Capitalization: $466 million
Fully Diluted Market Capitalization: $1.93 billion
24-Hour Trading Volume/Market Cap Ratio: 74.28%
Market Share: 0.01%
All-Time High Price: $2.92 (February 27, 2025)
All-Time Low Price: $0.6713 (April 17, 2025)
Circulating Supply: 241 million
Max Supply: 1 billion
Total Supply: 1 billion
Circulation Rate: 24.14%
Risk Warning
LAYER is a highly volatile digital asset, and its price may be influenced by factors such as market sentiment, regulatory policies, and developments within the AI ecosystem. Derivatives trading involves high leverage and high risk. Users are advised to participate cautiously based on their own risk tolerance and to set reasonable stop-loss and take-profit levels.
Thank you for your continuous support and trust in BitTap!
BitTap Team
May 17, 2025