SnowSwap (SNOW) Debuts on Bybit Futures with 20x Leverage

SnowSwap (SNOW), a DeFi token focused on swapping yield-bearing assets, has been listed on Bybit Futures with a new SNOWUSDT perpetual contract offering up to 20x leverage. This listing opens a fresh avenue for traders seeking leveraged exposure to a niche but established Ethereum-based protocol.

What Happened

Bybit announced the listing of the SNOWUSDT perpetual contract on July 10, 2026, as a new futures product. The contract supports up to 20x leverage, allowing traders to amplify their positions on the token's price movements. SnowSwap (SNOW) operates on the Ethereum blockchain and has a circulating supply of approximately 495,603 tokens out of a total supply of 500,000. The project's last known price was around $0.0303, though recent price alerts from other exchanges show significant volatility—including a 33.62% spike over six hours in late May 2026.

SnowSwap is a decentralized exchange that enables users to swap wrapped, yield-bearing tokens with minimal slippage, initially focusing on stablecoins and later expanding to wrapped Bitcoin and Ethereum 2.0 staking tokens. The project has an active community on Telegram and Discord, and its token is tracked on major platforms like CoinGecko and CoinMarketCap.

Token Snapshot

• Symbol: SNOW
• Name: SnowSwap
• Platform: Ethereum (token address: 0xfe9a29ab92522d14fc65880d817214261d8479ae)
• Total Supply: 500,000 SNOW
• Circulating Supply: ~495,603 SNOW
• Category: DeFi, Yield Farming
• Official Website: snowswap.org
• Explorer: Etherscan

Risk Notes

Trading leveraged futures carries substantial risk. The SNOW token has a relatively small market cap and low liquidity, which can lead to heightened volatility and slippage. Always use proper risk management and never trade more than you can afford to lose.

Additionally, the project's price history shows sharp spikes—such as a 33.62% surge in six hours—indicating potential for rapid moves that may trigger liquidations on leveraged positions. The token is also listed on multiple exchanges with varying liquidity profiles, so traders should verify order book depth before entering large positions.

Where to Trade

SNOWUSDT perpetual futures are now live on Bybit. For automated trading strategies and signals, consider using our dedicated bot: Trade with our bot.