Bybit Lists TQQQUSDT Perpetual Contract with Up to 20x Leverage

Bybit has expanded its synthetic asset offerings with the listing of the TQQQUSDT perpetual contract, giving traders leveraged exposure to the ProShares UltraPro QQQ (TQQQ) ETF. The contract supports up to 20x leverage and is now live on Bybit Futures.

What Happened?

On June 24, 2026, Bybit officially launched the TQQQUSDT perpetual contract. The tokenized derivative tracks the price of TQQQ, a 3x leveraged ETF that aims to deliver three times the daily performance of the Nasdaq-100 Index. This listing allows crypto traders to gain synthetic exposure to a major US equity ETF without leaving the crypto ecosystem.

TQQQ is one of the most actively traded leveraged ETFs in traditional markets, known for its high volatility and strong correlation with tech-heavy indices. Bybit’s perpetual contract brings this product on-chain, enabling 24/7 trading with up to 20x leverage.

Note: This is a synthetic tokenized asset, not the actual ETF. Price deviations from the underlying ETF may occur due to funding rates and market conditions.

Token Snapshot

Risk Considerations

Trading tokenized equities carries unique risks. The TQQQ perpetual contract is a derivative product, not the underlying ETF. Key risks include:

• Leverage decay: The 3x daily reset mechanism can lead to significant value erosion over extended holding periods.
• Funding rate costs: Perpetual swaps involve periodic funding payments that can eat into profits in volatile markets.
• Regulatory uncertainty: Tokenized assets may face future regulatory actions that could impact trading or delistings.
• Liquidity risk: As a new listing, order book depth may be thin during initial trading.

Where to Trade

TQQQUSDT perpetual is available exclusively on Bybit Futures. For automated trading strategies, you can use our dedicated bot:

Trade with our bot

Always conduct your own research and trade responsibly.