Trade.xyz launches NIFTY 50 perpetuals with 20x leverage

Trade.xyz has launched perpetual futures tied to India's NIFTY 50 stock index, allowing traders to take leveraged positions of up to 20 times with round-the-clock trading and settlement in USDC. Trade.xyz has launched NIFTY 50 perpetual futures with up to 20x leverage, allowing traders to take positions on India's benchmark stock index around the clock. The new contract tracks the NIFTY 50's native Indian rupee index level without applying foreign exchange conversion, while profits and losses are settled in USDC.

Source: crypto.news