According to CoinMeta, Bybit has announced that the LONGXIAUSDT perpetual contract has made a major debut in the Innovation Section and is now available for trading, supporting up to 10x leverage. The underlying asset of this contract is lobster (bsc-0xeccbb861c0dda7efd964010085488b69317e4444), with USDT as the settlement asset. The minimum price precision is 0.0001, the maximum funding fee rate is 2.5%, and funding fees are settled every 4 hours. Trading is available 24/7. Please note that since the LONGXIAUSDT contract is launched in the Innovation Section, its transaction fees will be higher than those of other contracts.