TMF Token Launches on Bybit Futures with 25x Leverage

Bybit has listed a new perpetual contract for TMFUSDT, offering traders up to 25x leverage. TMF is a tokenized derivative of the Direxion Daily 20+ Year Treasury Bull 3X Shares ETF, which itself provides 3x daily leveraged exposure to long-term U.S. Treasury bonds. This listing opens a new avenue for crypto traders to speculate on traditional finance (TradFi) assets within a familiar futures environment.

What Happened

On July 29, 2026, Bybit announced the launch of the TMFUSDT perpetual contract on its futures platform. The contract supports up to 25x leverage, allowing traders to amplify their positions on the price movements of TMF. The underlying token is a synthetic representation of the Direxion Daily 20+ Year Treasury Bull 3X Shares ETF, a well-known leveraged ETF traded on traditional markets. This move bridges the gap between crypto and traditional finance, enabling users to gain leveraged exposure to U.S. Treasury bonds without leaving the crypto ecosystem.

TMF is categorized under "Tokenized ETFs" and "TradFi Assets (Derivatives)" on CoinMarketCap, reflecting its nature as a crypto token tied to a real-world financial product. The token's current price is approximately $32.76, down 0.20% over the last 24 hours, with trading activity across 16 markets.

Token Snapshot

• Symbol: TMF
• Name: Direxion Daily 20+ Year Treasury Bull 3X Shares (Derivatives)
• Category: Token (Synthetic, Tokenized ETF)
• Current Supply: 0 (infinite supply model)
• Price: ~$32.76 (as of listing)
• 24h Change: -0.20%
• Active Markets: 16
• Tags: DeFi, Synthetics, Binance Ecosystem, Binance Listing, Tokenized Assets, Tokenized ETFs, TradFi Assets (Derivatives)

Note: TMF is a leveraged product. The 3x daily rebalancing can lead to significant volatility and decay over longer holding periods. This is not a buy-and-hold asset.

Risk Notes

Trading leveraged products like TMF carries substantial risk. The 3x leverage embedded in the underlying ETF means daily returns are magnified, but so are losses. Additionally, the perpetual contract on Bybit adds another layer of leverage (up to 25x), which can result in rapid liquidation if the market moves against your position. Always use proper risk management, including stop-losses and position sizing.

Where to Trade

TMFUSDT is currently tradable on Bybit Futures. For automated trading strategies, you can use our bot to execute trades seamlessly.

Trade with our bot