Bybit Opens Oura Pre-IPO Perpetual Trading With Up To 25x Leverage
- —OURAUSDT launched September 22 at 13:30 UTC with leverage up to 25x
- —Contract is USDT-settled and trades 24/7 before Oura's stock lists
- —Holders get no equity, voting rights or IPO allocation
- —Product differs from Coinbase's recently announced retail IPO access route
Why it matters: Crypto exchanges are testing synthetic perpetuals as a way to trade pre-IPO valuations, but the product is a speculative derivative with no equity rights.
Source: NewsBTC