As with all crypto derivatives contracts traded on BitMEX, there is a possibility that auto-deleveraging will occur. Since this contract is purely speculative, the possibility of auto-deleveraging is higher than on a regular contract.

We have also altered the fees for this contract to 0 maker rebate and 25 basis points taker fee. We will change these fees once it looks more like a ‘regular’ futures contract. BMEX Token taker discounts will still apply.

The ARBUSDTM23 futures contract is now visible on our platform, along with its full contract specs.

About the Arbitrum Token

The Arbitrum Foundation recently announced that its new token, ARB, will be airdropped to community members on Thursday, 23 March.

According to the Arbitrum Foundation, ARB will be used to participate in the Arbitrum DAO – which governs over the Arbitrum ecosystem – including Arbitrum One (the “main” layer-two) and Arbitrum Nova.

These networks allow users to transact on the Ethereum blockchain with greater speeds and lower feeds.

Now that our Tether- (USDT ERC-20) margined contract is live, users can gain trading exposure to ARB – with up to 20x leverage.

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In the meantime, if you have any questions please contact Support.