Bybit Lists HIMSUSDT Perpetual Contract With Up to 20x Leverage

Bybit has officially listed the HIMSUSDT perpetual contract, offering traders up to 20x leverage on the tokenized stock of Hims & Hers Health. This new listing arrives amid a period of notable price volatility for HIMS, with multiple double-digit percentage swings recorded across major exchanges in recent days.

What Happened: Price Action and Context

HIMS has experienced significant price movement in the past 48 hours. On June 26, 2026, Binance futures recorded a 5.27% spike over 24 hours, with prices moving from $32.14 to $33.83. Shorter timeframes showed even sharper moves: a 6-hour spike of 8.36% on Binance and 8.69% on Gate.io, both on June 26. However, the asset also saw a 6.54% drop over 24 hours on June 25, highlighting its two-way volatility.

Recent news flow has been mixed. A Stocktwits report noted that HIMS stock hit a 2026 high after unlocking $400 million in working capital through a JPMorgan partnership, with BofA raising its price target to $36. Conversely, a separate report indicated a 2.63% drop on the same day, underscoring the stock's sensitivity to headlines.

Token Snapshot: HIMS (Hims & Hers Health Derivatives)

• Symbol: HIMS
• Name: Hims & Hers Health (Derivatives)
• Category: Tokenized Stock / Synthetic
• Tags: DeFi, Tokenized Stock, Synthetics, Binance Ecosystem, Binance Listing, Tokenized Assets, TradFi Assets (Derivatives)
• Current Supply: 0 (infinite supply model)
• Last Known Price: $37.40 (up 1.33% over 24 hours)
• Active Markets: 26
• Date Added: June 3, 2026

Disclaimer: Tokenized stocks like HIMS are synthetic derivatives that track the price of the underlying equity. They do not represent ownership in the company and carry unique risks, including counterparty risk and potential divergence from the stock price.

Risk Notes

Trading HIMS perpetual contracts with up to 20x leverage amplifies both gains and losses. The token's price history shows rapid swings of 6-8% within hours, which can lead to liquidation if positions are not carefully managed. Additionally, as a tokenized asset, HIMS may trade at a premium or discount to the underlying NYSE-listed HIMS stock due to market conditions, liquidity, and exchange-specific factors. Always conduct your own research and consider using stop-loss orders.

Where to Trade

HIMSUSDT perpetual contracts are now available on Bybit with up to 20x leverage. For automated trading strategies and signals, you can Trade with our bot.