BitMEX launches INITUSDT perpetual contract, supporting up to 50x leverage

Odaily News BitMEX announced the launch of Initia (INIT)'s INITUSDT perpetual contract trading pair, which supports up to 50x leverage and was opened for trading at 12:00 (UTC+8) on April 25, 2025.
It is reported that Initia is a platform designed to simplify the creation and interoperability of modular Rollups. Its native token INIT is used in the network for governance, staking and obtaining transaction fees.