August 2023 in Review | BitMEX Blog
Needless to say, August was a colourful month. One where we didn’t just see major market movements on 18 August, but also many employing volatility in their favour, via way of futures and perpetual contracts, best employed with leverage.
Earlier this month, we launched futures for CYBER and SEI, prior to their spot listing – a move made to allow our traders to benefit from early token price discovery – something we plan to do more of in the future.
We also launched perpetual swaps for both tokens, with up to 33x leverage. You can find details about the CYBER and SEI perps, here and here.
Continuous product innovation aside, for all that happened in August… or is about to happen, read on.
If you’re headed to Singapore for TOKEN2049 next month, let us know and register to attend TOKEN2049 Eve. We love a good get-together, so we’re taking over a bar by the bay, the night before the official programme kicks off.
You can also catch our CEO Stephan Lutz and Co-Founder Arthur Hayes on stage during the day.
TL;DR? Updates
- Integrate a real-time news squawk to your trading UI. Stay ahead and informed of the latest developments by adding The Tie news feed to your trading screen (read more).
- Lower withdrawal fees for Tether. We’ve reduced the Tether network fee for withdrawals made via Ethereum (ERC-20) to 10 USDT (know more).
- Big updates to Guilds, our take on social trading. We’ve introduced Guild pot trading and stream trades to Guild traders, to make collaborative trading even easier (learn more).
A Month of New Listings
Fresh perpetual swap listings dropped in August, as well as futures contracts for our traders – with up to 100x leverage, the highest in the space.
SHIBUSD and SHIBUSDT
Featuring Shiba Inu, an Ethereum-based meme token powering the Shiba Inu ecosystem, with up to 33x leverage.
Read Now | Trade SHIBUSD | Trade SHIBUSDT
BONEUSD and BONEUSDT
For the BONE governance token which powers ShibaSwap, the Shiba Inu ecosystem’s proprietary decentralised exchange. Up to 5x leverage.
Read Now | Trade BONEUSD | Trade BONEUSDT
XBTETH
One of the first Bitcoin – margined inverse perpetual swaps, unlocking new hedging and yield-generating opportunities for traders, with up to 100x leverage.
XBTV23
Our regular monthly XBT futures listing, available with up to 100x leverage.
To be the first to know about our new listings, product launches, and giveaways, you can connect with us on Discord, Telegram, and Twitter. We encourage you to also check our blog regularly.
In the meantime, if you have any questions please contact Support.