INIT Debuts With 1,000,000 Token Giveaway and Perpetual Contracts Offering Up to 5x Leverage

Initia (INIT) was listed on April 24, 2025, with INIT/USDT spot and perpetual trading pairs available. A spot trading promotion with a 1,000,000 INIT prize pool is active from April 24 to May 1, 2025. INIT is supported on services including Simple Earn, Buy Crypto, Convert, Margin Trading, and USDⓈ-M Futures. INITUSDT perpetual contracts launched on April 24, 2025, with up to 5x leverage and funding rates settled every 4 hours. INITUSDT perpetual contracts were added to Futures Copy Trading within 24 hours of launch.