Dear BitTap Users,
We are pleased to announce that BitTap will officially launch the OPUSDT perpetual contract trading pair on May 28, 2025 (UTC+8). This contract supports both long and short positions, with leverage of up to 50x. We warmly invite all users to participate and experience flexible and efficient derivatives trading.
Launch Schedule:
Contract Trading Start Time: May 28, 2025 (UTC+8)
Contract Product Information
Trading Pair:OPUSDT Perpetual Contract
Underlying Asset:OP
Quote Asset: USDT
Supported Network: Optimism
Maximum Leverage: 50x
Funding Rate Mechanism: Settled every 8 hours
Trading Mechanism: USDT-margined, perpetual contract, supports bi-directional trading
Project Introduction: OP
Optimism (OP) is the token that governs the Optimism L2 blockchain, managed by the Optimism Collective. The Optimism Collective is a large-scale experiment in digital democratic governance, aimed at promoting the rapid and sustainable development of decentralized ecosystems. It is overseen by the newly established Optimism Foundation.
Key Metrics (Data Source: CoinMarketCap, as of May22, 2025):
Ranking: No. 63
Current Market Cap: $1.288 billion
Fully Diluted Market Cap: $3.226 billion
24h Trading Volume / Market Cap Ratio: 11.15%
Market Dominance: 0.04%
All-Time High: $4.85 (March 6, 2024)
All-Time Low: $0.4005 (June 18, 2022)
Circulating Supply: 1.714 billion
Total Supply: 4.294 billion
Max Supply: 4.294 billion
Circulating Ratio: 39.93%
Associated Blockchain: OPTIMISM
Risk Warning:
OP is a highly volatile digital asset whose price may be influenced by market sentiment, regulatory developments, DeFi market performance, and other factors. Derivatives trading involves high leverage and high risk. Please assess your risk tolerance carefully and set appropriate take-profit and stop-loss levels.
Thank you for your continued support and trust in BitTap!
BitTap Team
May 27, 2025