Bybit Lists SHAZUSDT Perpetual With 20x Leverage – New Tokenized Stock Derivative

Bybit has added a new perpetual contract for SHAZUSDT, offering traders up to 20x leverage on a tokenized stock derivative tied to SharonAI Holdings Inc. The listing went live on July 8, 2026, with SHAZ trading near $68.23 at the time of the announcement. This move expands Bybit's synthetic asset offerings, blending traditional equity exposure with crypto-native trading mechanics.

What Happened

SharonAI Holdings Inc (ticker: SHAZ) is a high-performance computing company focused on AI and cloud GPU infrastructure. Its tokenized derivative, SHAZ, is now tradable as a USDT-margined perpetual contract on Bybit. The contract supports leverage up to 20x, enabling amplified long or short positions. According to CoinMarketCap, SHAZ's live price was $77.87 at one point, though the token has seen a 24-hour decline of roughly 3.75% to 13.85%, depending on the data source. Brave search results indicate the underlying stock trades on OTC markets and is also available on platforms like Kraken and Crypto.com US.

Note: SHAZ is a derivatives token, not the direct equity. Price action may diverge from the underlying stock due to market dynamics.

Token Snapshot

• Symbol: SHAZ
• Name: SharonAI Holdings Inc (Derivatives)
• Category: Tokenized Stock / Synthetic Asset
• Tags: DeFi, Tokenized Stock, Synthetics, Tokenized Assets, TradFi Assets (Derivatives)
• Current Supply: 0 (infinite supply model)
• 24h Price Change: Down ~13.85% (per token metadata) or ~3.75% (per CoinMarketCap)
• Active Markets: 1 (Bybit futures)
• Date Added: July 7, 2026

Risk Notes

Trading tokenized stock derivatives carries unique risks. The SHAZ perpetual contract is a synthetic product, meaning it does not represent direct ownership of SharonAI Holdings Inc. shares. Price discovery may be influenced by futures funding rates, leverage, and market sentiment rather than the underlying equity's fundamentals. Additionally, SHAZ has a small market presence (ranked #7966 on CoinMarketCap) and limited liquidity, which can lead to heightened volatility and slippage. Always use appropriate risk management, including stop-losses and position sizing.

Where to Trade

The SHAZUSDT perpetual contract is exclusively available on Bybit as of this writing. For automated trading strategies, you can Trade with our bot to execute entries and exits based on your parameters. As always, verify the latest contract specifications and trading hours directly on the exchange.