Bybit Lists GILDUSDT Perpetual Contract with Up to 25x Leverage
Bybit announces the listing of GILDUSDT perpetual contract with up to 25x leverage, usable with futures bots. Existing users need no action, but contract parameters may be adjusted.
What happened: Bybit listed the GILDUSDT perpetual contract on July 31, 2026, with trading live and up to 25x leverage, underlying asset being Gilead Sciences (GILD) stock. Existing users need not take any action regarding account security or service continuity; this announcement is solely about a new product listing and does not involve changes to existing services. Users who wish to trade should understand the contract rules and risks themselves.
Key facts
- Bybit has listed the GILDUSDT perpetual contract, and trading is live.
- The contract offers up to 25x leverage with a minimum tick size of 0.01 USDT.
- The funding rate cap is 2%, settled every 8 hours.
- The contract supports trading via futures bots, including Futures Grid, Futures Martingale, and Futures Combo.
- The underlying asset is Gilead Sciences (GILD) stock.
- Bybit reserves the right to adjust contract parameters, including leverage and margin rates.
Key timeline
Actual announcement publication time (UTC)
Contract trading starts (as stated in the announcement)
Who may be affected
- Existing Bybit users interested in stock perpetual contracts
- Users of futures bots (e.g., Futures Grid, Martingale, Combo)
- Cryptocurrency traders following Gilead Sciences (GILD) stock price
Impact analysis
The impact of this announcement on existing users is mainly the addition of a new trading option. The launch of the GILDUSDT perpetual contract allows users to trade Gilead Sciences' stock price with leverage on a cryptocurrency platform. This may attract cryptocurrency traders interested in traditional stock markets, but it also adds complexity to the trading product range. Contract parameters such as leverage and funding rates may affect trading costs, but the specific impact depends on market conditions and user actions. Bybit reserves the right to adjust parameters, which could lead to changes in contract characteristics. For users who do not use this contract, there is no direct impact.
What the announcement does not say
The announcement does not specify the initial margin rate, maintenance margin rate, maximum order size, or other specific parameters for the GILDUSDT perpetual contract, nor does it mention whether the listing time is confirmed. Additionally, it does not state whether the contract is available to users in all regions or if any restrictions apply.
Risk notes
- Perpetual contract trading carries high leverage risk and may result in losses exceeding principal.
- Funding rates can be positive or negative, affecting holding costs.
- Bybit may adjust contract parameters, including leverage and margin requirements; users should monitor announcements.
- The contract is settled in USDT, involving cryptocurrency price volatility risk.
- This article is for verifying the exchange's official announcement only and does not constitute investment or trading advice.
This article is for information only and is not investment, legal, or tax advice. Digital assets are volatile and may result in loss of principal.
Frequently asked questions
What is the underlying asset of the GILDUSDT perpetual contract?
The underlying asset is Gilead Sciences (GILD) stock, but the contract is settled in USDT and does not involve direct ownership of the stock.
Do existing users need to take any action?
No, this announcement is solely about a new product listing and does not affect existing account security or service continuity. Users who wish to trade this contract should understand the rules themselves.
How is the funding rate for the contract set?
The funding rate cap is 2%, settled every 8 hours, and the actual rate may be adjusted based on market conditions.
Official sources
Collected material is used only for fact checking. If this page differs from the original announcement, the official page controls.