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Trade.xyz said it had listed a DIESEL perpetual contract, supporting 10 x leverage and round-the-clock trading.
Trade.xyz listed DIESEL perpetual contract, supporting 10 x leverage trading
BlockBeats news,October 1, according to official information,DIESEL is now listed on Trade.xyz platform, supporting 10 x leverage, 7×24-hour year-round trading.Trade.xyz stated that,DIESEL perpetual contract tracks the New York Harbor ultra-low sulfur diesel (ULSD) price per gallon USD.
Original link https://m.theblockbeats.info/flash/369853
According to official information,DIESEL is now listed on Trade.xyz the platform.
This contract supports 10 x leverage.
This contract supports 7×24-hour year-round trading.
Trade.xyz stated that the DIESEL perpetual contract tracks the New York Harbor ultra-low sulfur diesel (ULSD) price per gallon USD.
The following is analysis, separate from reported facts. Verify important claims independently.
This is a trading product listing announcement. Users can trade a perpetual contract on Trade.xyz named DIESEL whose target price is to follow the USD/gallon price of New York Harbor ultra-low sulfur diesel; 10 x leverage means that both profits and losses resulting from price fluctuations may be amplified.
This product allows users to trade diesel prices through a perpetual contract and provides leverage and round-the-clock trading, but the original text does not indicate actual trading activity.
Beginners should focus on understanding that leverage amplifies losses; the original text does not provide liquidity, trading volume, funding rate, or specific risk parameters, so suitability for trading should not be judged solely from the listing announcement.
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A derivative contract with no expiration date, designed for continuous holding, whose funding rate mechanism helps keep its price close to that of the underlying asset.
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View glossary →This term is not in the glossary yet. Browse related concepts in the glossary.
View glossary →This term is not in the glossary yet. Browse related concepts in the glossary.
View glossary →This term is not in the glossary yet. Browse related concepts in the glossary.
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