Bybit Lists SSPCUSDT Perpetual Contract with 25x Leverage

Bybit has launched a new perpetual contract for SSPCUSDT, offering traders up to 25x leverage. This listing brings a unique instrument to the crypto derivatives market—SSPC is not a typical token but a leveraged inverse ETF tracking SpaceX stock (SPCX). Here's what you need to know.

What Happened

On July 29, 2026, Bybit announced the listing of the SSPCUSDT perpetual contract on its futures platform. The contract supports leverage up to 25x, allowing traders to take short positions on SpaceX stock through a regulated ETF structure. SSPC is the ticker for the Leverage Shares 2x Short SPCX Daily ETF, which aims to deliver -200% of the daily performance of SpaceX stock (SPCX), minus fees. This product is listed on the Cboe and provides a liquid, regulated way to gain inverse exposure to a single stock.

Why It Matters

This listing bridges traditional finance and crypto derivatives. SSPC enables traders to speculate on the price decline of SpaceX stock without directly shorting the equity. The perpetual contract format on Bybit offers 24/7 trading, high liquidity, and up to 25x leverage, amplifying both potential gains and risks. For active traders, this is a new tool for hedging or directional bets on a high-profile stock.

Token Snapshot

• Token Symbol: SSPC
• Underlying Asset: Leverage Shares 2x Short SPCX Daily ETF
• Exchange: Bybit (Futures)
• Contract Type: USDT Perpetual
• Max Leverage: 25x
• Listing Price: $20.05 (at time of alert)
• Tier: 3 (lower market cap, higher volatility)

Risk Notes

Leveraged products amplify both gains and losses. SSPC is designed for daily rebalancing, meaning its performance over longer periods may deviate from -2x the underlying stock's return due to compounding. This contract is suitable only for sophisticated traders who understand the risks of leveraged inverse ETFs and perpetual futures.

Where to Trade

You can trade SSPCUSDT on Bybit. For automated strategies, consider using our bot: Trade with our bot.