Bybit Lists MINIMAXUSDT Perpetual Contract with Up to 25x Leverage

Bybit has added MINIMAXUSDT perpetual futures to its derivatives lineup, offering traders up to 25x leverage on this synthetic token. MINIMAX, the token of MiniMax Group (Derivatives), is currently trading at approximately $26.20 and has seen a -8.89% change over the last 24 hours. This listing opens a new venue for traders looking to speculate on the token's price action with amplified exposure.

What Happened & Market Context

The MINIMAXUSDT perpetual contract went live on Bybit on July 28, 2026, according to the exchange's announcement. The token itself has experienced notable volatility in recent weeks. Price alerts from Binance Futures show a series of drops: a -8.81% decline over 1 day on July 17, followed by a -9.46% drop over 12 hours, and a -6.78% drop over 6 hours. Earlier, on Gate Futures, the token saw spikes of +6.86% and +6.10% over 30-minute intervals on July 15-16, but also suffered sharp drops of -6.07% (1h) and -6.58% (15m) on July 13-14.

MINIMAX is categorized as a synthetic token within the DeFi and tokenized-stock ecosystem, with tags including "Synthetics," "Tokenized Assets," and "TradFi Assets (Derivatives)." Its Twitter presence is via @MiniMax_AI, though the token's website and explorer links are not provided. Brave search results indicate that MiniMax is also an AI lab developing multimodal models, and a separate unverified token on Solana exists with a market cap of just $2.2K—traders should distinguish between these assets.

Token Snapshot

• Symbol: MINIMAX
• Name: MiniMax Group (Derivatives)
• Current Price: $26.20 (as of listing)
• 24h Change: -8.89%
• Total Supply: 0 (infinite supply flag: false)
• Active Markets: 25
• 24h Volume: $0.00 (data may be incomplete)
• Category: Token
• Tags: DeFi, Tokenized Stock, Synthetics, Binance Ecosystem, Binance Listing, Tokenized Assets, TradFi Assets (Derivatives)
• Date Added: May 7, 2026

Risk Notes

Disclaimer: This is a Tier 3 alert, indicating lower market cap and higher risk. The token's metadata shows no circulating supply or market cap data, and Brave results mention an unverified token on Solana—verify the correct contract address before trading. Price history reveals sharp intraday swings, and the perpetual contract's 25x leverage amplifies both gains and losses.

Where to Trade

MINIMAXUSDT perpetual futures are now available on Bybit. For automated trading strategies, consider using our bot: Trade with our bot.