A new perp listing for XPL (Plasma) – XPLUSDT – will soon be available to trade on BitMEX, with up to 50x leverage.
Trading will start here at 04:00 UTC on 28 October 2025.
If you haven’t signed up for a BitMEX account yet, we’re currently offering up to 5,000 USDT as part of the welcome package for verified users- you can register here.
XPLUSDT Contract Specs
XPLUSDT is a linear perpetual swap, margined in USDT. This allows users to gain exposure to the price of the XPL token and trade it with leverage, without needing to have any Plasma holdings.
Key contract details for our Plasma token listing:
- Symbol: XPLUSDT
- Margin Currency: USDT
- Contract Size: 0.1 XPL
- Lot Size: 10
- Minimum Trade Amount: 1 XPL
- Underlying: .BXPLT
- Max Leverage: 50x
- Maker Fee: 0.05%
- Taker Fee: 0.05%
- Base Initial Margin: 2.00%
- Base Maintenance Margin: 1.00%
You can trade the XPLUSDT perpetual contract here, or refer to the full contract specs here.
About XPL, the Plasma Token
Plasma is the layer 1 blockchain building the stablecoin infrastructure for a new global financial system.
It is purpose-built for global stablecoin payments, offering zero-fee USD₮ transfers and custom gas tokens to help realise the stablecoin promise of permissionless access to financial services for everyone, everywhere.
Plasma’s global payments coverage and inbound suite of products position it as the native chain for stablecoin payments.
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