Dear Users,
To further enrich the futures trading product offerings and provide users with more flexible derivative trading options, BitTap will officially launch the following USDT-based perpetual futures contracts (supporting both long and short positions) on November 8, 2025, 18:00 (UTC+8):
GRT/USDT (The Graph) Perpetual Contract
SAND/USDT (The Sandbox) Perpetual Contract
VET/USDT (VeChain) Perpetual Contract
Below are the detailed launch schedule and contract highlights. Please read carefully and arrange your funds accordingly.
I. Launch Time (UTC+8)
Trading Open Time: November 8, 2025, 18:00 (UTC+8)
II. Contract Highlights
Contract Type: USDT-based Perpetual Futures Contract
Supported Direction: Both Long and Short Positions
Maximum Leverage: Up to 50× (subject to contract page details)
Funding Rate Settlement Frequency: Every 8 hours
Index Reference: Contract settlement will refer to the weighted quotes from multiple mainstream platforms (see contract specs)
Minimum Order Quantity, Price Precision, Margin and Liquidation Rules: Please refer to "Contract Specifications" on the contract trading page
III. Project Overview
The Graph (GRT)
The Graph is a decentralized protocol designed to provide query services for the blockchain ecosystem, becoming a key infrastructure in the decentralized finance (DeFi) sector.
Token Name: GRT
Current Market Cap: Approx. $3.4B USD
CMC Rank: #49
The Sandbox (SAND)
The Sandbox is a blockchain-based virtual world game, providing a platform for users to create, own, and trade virtual land and assets.
Token Name: SAND
Current Market Cap: Approx. $5.6B USD
CMC Rank: #52
VeChain (VET)
VeChain is a blockchain-based supply chain management platform aimed at providing product traceability and supply chain management via decentralized data.
Token Name: VET
Current Market Cap: Approx. $4.2B USD
CMC Rank: #25
IV. Risk Warning
Perpetual futures are high-leverage, high-risk financial products with significant price volatility, which may lead to total margin loss. Please participate with caution, fully understanding the contract rules (such as margin, liquidation logic, funding fees, etc.) and assessing your own risk tolerance. We recommend controlling your position and leverage reasonably and using risk management tools such as stop-loss and take-profit orders. BitTap will monitor and take actions on abnormal trading behaviors (such as wash trading, market manipulation, bulk registration, fake KYC, etc.), and reserves the right to impose restrictions, freezing, or other actions on non-compliant accounts.
V. Customer Support & Assistance
If you encounter any issues or have questions regarding contract parameters, please submit a support ticket via the APP or send an email to support@bittap.com.
All related changes and future announcements will be based on the official website and in-app notifications. Please keep an eye on official notices.
Thank you for your continued support and trust in BitTap. We wish you successful trading!
BitTap Team
November 8, 2025