Bybit Launches Cruel Oil (CLUSDT) Perpetual Contract with Up to 50x Leverage

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has officially launched the CLUSDT Perpetual Contract, enabling traders to access crude oil futures with leverage up to 50x. Trading is now live on the platform with round-the-clock availability.

The new contract follows recent listings of XAUUSDT and XAGUSDT Perpetual Contracts at 75x leverage, enabling traders to potentially capitalize on gold and silver prices volatility. In response to recent heightened volatility in the crude oil markets, the latest CLUSDT listing addresses current market dynamics for sophisticated traders.

The CLUSDT Perpetual Contract tracks Crude Oil Futures (CL), and settles in USDT. The contract features a minimum price increment of 0.001, an initial margin rate of 1 percent and a maximum leverage of 50 times. The capped funding rate stands at 1 percent, with funding fees settling every four hours. Trading is available 24 hours a day, seven days a week.

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Beyond standard perpetual trading, the contract integrates with Bybit’s advanced trading tools, including Futures Grid, Futures Martingale and Futures Combo strategies. These options enable traders to execute sophisticated hedging and arbitrage approaches across volatile market conditions.

By expanding its derivatives offerings to include traditional commodities like crude oil, Bybit continues to broaden access to real-world asset trading on blockchain infrastructure.

New users must consent to relevant user agreements on Bybit’s web platform before trading this contract for the first time. Restrictions, requirements, and terms and conditions apply.

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