CoinVoice has learned that Bitget has officially launched the industry's first RWA index perpetual contract. The first batch of assets includes TSLA/USDT (RWA), NVDA/USDT (RWA), and CRCL/USDT (RWA).
The underlying assets of RWA contracts are composed of tokenized RWA indices from stocks that are already circulating in the market. Each index includes various RWA tokens to track the prices of different third-party issuers. Its pricing mechanism refers to the crypto perpetual contract model, dynamically adjusting the index sources based on market activity, trading volume, liquidity, and other factors, 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 new order submissions, with funding fees settled upon the resumption of trading. The product continues the existing trading mechanisms and settlement processes of crypto perpetual contracts, with an initial leverage limit set at 10 times, supporting only isolated margin mode, and sets a platform-wide position limit to control risk.
The initial pricing of this product will be based on stock tokens from the xStocks platform, with plans to include more trustworthy issuers in the near future and expand the RWA perpetual contract category this quarter. [Original link]