According to Foresight News, Bitget has officially launched the RWA index perpetual contract. The first batch of assets includes AAPL/USDT (RWA), NVDA/USDT (RWA), and CRCL/USDT (RWA). The underlying assets of the RWA contracts consist of tokenized RWA indices of stocks that are already circulating in the market, with each index containing multiple RWA tokens to track the prices of different third-party issuers. Its pricing mechanism refers to the model of crypto perpetual contracts, dynamically adjusting the index sources based on factors such as market activity, trading volume, and liquidity, while regularly disclosing weights to ensure pricing flexibility and fairness.
In terms of trading rules, the RWA index perpetual contract adopts a 5×24 hour trading system, with prices frozen during weekends and stock market holidays to avoid liquidation. It supports order cancellation but suspends the submission of new orders, and funding fee settlements restart with trading recovery. The product continues the existing trading mechanism and settlement process of crypto perpetual contracts, with an initial leverage cap set at 10 times, supporting only isolated margin mode, and setting a platform-wide position limit to control risk. The initial pricing of the product will be based on the stock tokens of the xStocks platform, with plans to incorporate more trusted issuers in the near future and expand the RWA perpetual contract category this quarter.
