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Bitget launches first-ever RWA Index Perpetual Contract

Cryptocurrency exchange’s pioneering product allows stocks in some of the world’s largest companies, including Tesla and Apple, to be traded as tokens

Bitget’s RWA Index Perpetual Contract is a world first.
Bitget’s RWA Index Perpetual Contract is a world first. (Bitget.com)

Bitget, the leading cryptocurrency exchange and Web3 company, has launched the industry’s first RWA (Real-World Asset) Index Perpetual Contract.

This pioneering product introduces a new way to trade tokenised traditional assets, starting with selected RWA products including TSLAUSDT (RWA), NVDAUSDT (RWA), and CRCLUSDT (RWA).

The RWA Index Perpetual Contract is built on a composite of tokenised stock indices already circulating in the market. Each index contains one or more RWA tokens to track prices from different third-party issuers. For example, the AAPL RWA Index Perpetual Contract may represent a composite of AAPL tokens issued by a couple of different third-party issuers. 

Similar to how existing crypto perpetual contracts derive their index prices from multiple major crypto exchanges, Bitget’s innovative RWA Index Perpetual Contract can dynamically add or remove index sources depending on measurable factors such as market activity, trading volume, and liquidity conditions. Bitget may adjust and disclose the index weighting from time to time. This approach guarantees both flexibility and fairness in pricing.

Bitget thrives on innovation that stems from the emerging cryptospace

—  Gracy Chen, CEO at Bitget

To maintain fair pricing and risk management, the RWA Index Perpetual Contracts will be traded on a 5×24 schedule, closing on weekends and stock market holidays.

During closure periods, the market price will remain frozen to prevent liquidation. However, users may choose to add margin in anticipation of sharp market moves upon reopening.

Order cancellations will be allowed during these closures, while new orders will not be accepted. Funding fees will also pause during market closures, with settlement resuming on an hourly cycle when trading is active.

In terms of trading experience, RWA perpetual contracts share the same mechanics and liquidation process as existing crypto perpetual contracts, reducing the learning curve for users. To mitigate early-stage risks, Bitget will cap leverage at 10x, support only isolated margin mode, and apply open interest position limits across the platform.

“Bitget thrives on innovation that stems from the emerging cryptospace,” said Gracy Chen, CEO at Bitget. “With the world’s first RWA Index Perpetual Contract, we are slowly transitioning into a comprehensive ecosystem of all things finance. This product shows the platform’s advancement as compared to other players, as it enables traders with exposure to a modern and traditional range of asset classes, bridging the gap between TradFi and DeFi.”

At launch, Bitget’s index pricing draws from stock tokens issued on the xStocks platform, with plans to on-board additional trusted issuers in the near future. Support for a broader range of RWA perpetual contracts on Bitget Futures is also scheduled for later this quarter.

To get started*, visit the Bitget website.

Fast facts about Bitget

  • Established in 2018, Bitget serves over 120-million online traders in more than 150 countries and regions.
  • The Bitget exchange is committed to helping online traders trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to bitcoin price, Ethereum price, and other cryptocurrency prices.
  • Bitget Wallet is a leading non-custodial crypto wallet supporting over 130 blockchains and millions of tokens. It offers multi-chain trading, staking, payments, and direct access to more than 20,000 DApps, with advanced swaps and market insights built into a single platform. 
  • Bitget is driving crypto adoption through strategic partnerships, such as its role as the official crypto partner of the world's top football league, La Liga, in the Eastern, Southeast Asian and Latin American Markets. It is also exclusive cryptocurrency exchange partner of MotoGP, one of the world’s most thrilling motorsport championships.
  • Aligned with its global impact strategy, Bitget has joined hands with Unicef to support blockchain education for 1.1-million people by 2027. 

This article was sponsored by Bitget. 

*Terms and conditions apply.

Bitget is regulated in SA under the entity Parsa Financial Services (Pty) Ltd, which is a registered Financial Services Provider (FSP number 52563).

Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, refer to Bitget's Terms of Use.

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