Bybit Lists GDXUSDT Perpetual Contract with Up to 25x Leverage

Bybit has announced the listing of the GDXUSDT perpetual contract, offering traders up to 25x leverage on Gridex (GDX), a token built on the Arbitrum ecosystem. This new listing opens a fresh avenue for speculation on a relatively low-liquidity asset. Below, we break down the announcement, the token's background, and what traders should watch for.

What Happened?

On July 27, 2026, Bybit launched the GDXUSDT perpetual contract, enabling traders to go long or short with leverage up to 25x. The contract is available exclusively on Bybit's futures platform. This follows Gridex's earlier listing on the D5.xyz DEX in March 2023, but marks its first major centralized exchange (CEX) futures listing.

Gridex (GDX) is a token launched in December 2022 on Arbitrum, an Ethereum layer-2 scaling solution. The project describes itself as a decentralized exchange (DEX) aggregator, though its current trading volume and liquidity remain thin. According to CoinMarketCap, GDX was initially tradable only on D5.xyz, and CoinCarp notes that no price data was available until the Bybit listing. The token's last known price is approximately $0.0789, with no significant 24-hour movement.

Token Snapshot

• Symbol: GDX
• Name: Gridex
• Blockchain: Arbitrum (token address: 0x2F27118E3D2332aFb7d165140Cf1bB127eA6975d)
• Total Supply: Not disclosed (infinite supply flag: false)
• Circulating Supply: Not self-reported
• Market Cap: Not available
• Tags: Arbitrum Ecosystem
• Official Links: Website | Whitepaper | Twitter | Discord | GitHub

Note: The token's supply and market cap data are unverified. Exercise caution when assessing its valuation.

Risk Notes

• Low Liquidity: GDX has minimal trading history and limited exchange support. The perpetual contract may experience wide spreads and slippage.
• New Asset: Launched in late 2022, Gridex is a relatively young project with an unproven track record.
• Leverage Risk: 25x leverage amplifies both gains and losses. Use strict risk management.
• Brave Search Disclaimer: Some search results refer to the VanEck Gold Miners ETF (ticker GDX), which is unrelated to this crypto token. Ensure you are trading the correct asset.

Where to Trade

GDXUSDT perpetual is available on Bybit. For automated trading strategies, consider using our bot: Trade with our bot.