INTW Debuts on Bybit Futures: Leveraged Intel ETF Token Goes Live with 20x Leverage

Bybit has listed INTWUSDT perpetual futures, offering traders up to 20x leverage on a tokenized version of the GraniteShares 2x Long INTC Daily ETF (INTW). This new listing brings a leveraged play on Intel (INTC) to the crypto derivatives market, blending traditional finance exposure with digital asset trading mechanics.

What Happened

INTW is a synthetic token representing the GraniteShares 2x Long INTC Daily ETF, designed to deliver twice the daily return of Intel Corporation (INTC) stock. Bybit’s perpetual contract allows traders to go long or short with leverage up to 20x, settling in USDT. The listing follows a period of notable price volatility in INTW’s underlying asset: recent alerts show a 6.05% daily spike on Binance Futures, followed by a 5.08% hourly drop and a 6.62% daily decline, indicating sharp swings in sentiment around Intel-related products.

Token Snapshot

• Symbol: INTW
• Name: GraniteShares 2x Long INTC Daily ETF (Derivatives)
• Category: Tokenized Stock / Synthetic / DeFi
• Current Supply: 0 (infinite supply model)
• Last Known Price: $28.10 (down 2.08% in 24 hours)
• Trading Pairs: 15 active markets
• Tags: DeFi, Tokenized Stock, Synthetics, Binance Ecosystem, Binance Listing, Tokenized Assets, TradFi Assets (Derivatives)

Note: The token’s infinite supply and synthetic nature mean it does not represent direct ownership of the underlying ETF or Intel shares.

Risk Considerations

Trading INTW futures carries elevated risks due to its leveraged structure and synthetic design:

• Leverage Amplifies Losses: 20x leverage can quickly liquidate positions if the market moves against you, especially given the recent 5–6% daily swings.
• Synthetic Tracking Error: The tokenized ETF may not perfectly replicate the 2x daily return of INTC due to funding rates, rebalancing costs, or liquidity gaps.
• Low Liquidity Risk: With only 15 active markets and zero 24-hour volume reported, slippage and order book gaps are likely.
• Regulatory Uncertainty: Tokenized equities and synthetics face evolving regulatory scrutiny; this product may not be available in all jurisdictions.

Where to Trade

INTWUSDT perpetual is currently tradable exclusively on Bybit. For automated trading strategies, consider using our bot: Trade with our bot.

Always conduct your own research and never risk more than you can afford to lose.