According to CoinMeta, Bybit has announced that the IDOLUSDT perpetual contract has made a major debut in the Innovation Section and is now available for trading, supporting up to 20x leverage. The underlying asset of this contract is meet48 ( idol ), with USDT as the settlement asset. The minimum price precision is 0.00001, the maximum funding fee rate is 2.5%, and the funding fees are settled every 4 hours. Trading is available around the clock. Please note that since the IDOLUSDT contract is launched in the Innovation Section, its transaction fees will be higher than those of other contracts. Bybit has the right to adjust the launch times and parameters of each contract at its discretion. If you have any questions, please do not hesitate to contact customer support.