Bybit Lists AXTI Perpetual Futures: What Traders Need to Know

Bybit has just launched the AXTIUSDT perpetual contract, offering traders up to 10x leverage on a tokenized derivative of AXT Inc. (NASDAQ: AXTI). This new listing brings a high-beta AI hardware proxy to the crypto futures arena, where recent price action has already shown dramatic swings.

AXTI is a synthetic token representing AXT Inc., a company that has been riding the AI infrastructure wave. According to recent reports, AXTI stock surged over 13% in pre-market trading alongside other optical communication stocks, fueled by AI demand. The token's price has been volatile, swinging from the mid-$60s in late April to recent closes near $119.84, with intraday ranges of $96 to $129.

What Happened & Market Context

Bybit's listing of AXTIUSDT perpetual futures follows a period of intense price activity. On June 15, 2026, multiple price spikes were recorded across exchanges:

• Binance Futures: A 6.62% spike in 1 hour, a 6.9% spike in 1 day, and a 5.82% spike in 1 hour.
• Gate Futures: A 5.01% spike in 1 hour.

Earlier, on June 12, a 10.86% spike in 6 hours on Gate Futures was followed by an 8.57% spike on Binance Futures, then a -5.5% drop—highlighting the token's high volatility.

AXTI is trading like a high-beta AI hardware proxy. The daily chart shows swings from a close of $132.60 on May 26 to $87.32 on June 10, with multiple $10–$20 ranges in between. This kind of momentum attracts short-term traders but also carries significant risk.

Disclaimer: Brave search snippets are unverified. Always conduct your own research before trading.

Token Snapshot

• Symbol: AXTI
• Name: AXT Inc (Derivatives)
• Category: Token (DeFi, Tokenized Stock, Synthetics)
• Current Supply: 0 (infinite supply not confirmed)
• Last Known Price: $111.62 (up 1.22% in 24 hours)
• Active Markets: 26
• Tags: DeFi, Tokenized Stock, Synthetics, Binance Ecosystem, Binance Listing, Tokenized Assets, TradFi Assets (Derivatives)

Risk Notes

• High Volatility: AXTI has seen double-digit percentage swings within hours. Leverage up to 10x amplifies both gains and losses.
• Insider Sales: Recent SEC filings show insider sales of AXTI stock, which could signal reduced confidence.
• Synthetic Nature: As a tokenized derivative, AXTI may not perfectly track the underlying stock, and liquidity can vary.
• No Official Links: The token's metadata lacks verified website, whitepaper, or social media channels.

Where to Trade

AXTIUSDT perpetual futures are now live on Bybit with up to 10x leverage. For automated trading strategies, consider using our bot.

Trade with our bot