See the details of basketd of indices on BitMEX. ALTMEXUSD and DEFIMEXUSD perpetual swap contracts.
BitMEX's basket of indices. Table of Contents
BitMEX adds New Altcoins and Defi Markets
BitMEX’s mission is to provide all users with the most relevant and innovative trading products.
BitMEX will continue to launch new contracts for users in the market to provide users with exposure to their favorite currencies.
Now, BitMEX has further covered the altcoin (.BALTMEX) and DeFi (.BDEFIMEX) markets by listing the BitMEX basket index.
Starting today, BitMEX users can also trade ALTMEXUSD and DEFIMEXUSD dual currency perpetual swap contracts with a leverage of up to 25 times.
With excellent platform performance, top liquidity and security now is the perfect time to trade on BitMEX.
Users can also use the BitMEX mobile terminal to trade, the APP can be downloaded in more than 140 countries/regions.
Invest in Index Baskets on BitMEX
For more information about BitMEX’s basket of indices, please see below:
BitMEX ALTMEX Basket Index (.BALTMEX):
| Constituent | Conditional Index Multiplier | Market Cap Share |
|---|---|---|
| BNB | 0.07078653 | 20.00% |
| ADA | 14.89815288 | 20.00% |
| DOGE | 65.55702677 | 15.01% |
| XRP | 23.21700023 | 14.87% |
| DOT | 0.48176854 | 7.10% |
| UNI | 0.29550574 | 5.68% |
| BCH | 0.00940295 | 4.61% |
| LTC | 0.03359651 | 4.48% |
| SOL | 0.13713494 | 4.36% |
| LINK | 0.2198593 | 3.89% |
Trade BitMEX ALTMEX Basket Index
BitMEX DEFIMEX Basket Index (.BDEFIMEX):
| Constituent | Conditional Index Multiplier | Market Cap Share |
|---|---|---|
| UNI | 0.9859852 | 20.00% |
| LINK | 1.07263338 | 20.00% |
| AAVE | 0.04467642 | 12.13% |
| MKR | 0.00340582 | 9.40% |
| LUNA | 1.45538761 | 8.39% |
| COMP | 0.01853168 | 8.11% |
| AVAX | 0.59972503 | 7.26% |
| GRT | 10.07942781 | 7.18% |
| YFI | 0.00010012 | 4.14% |
| SUSHI | 0.44255636 | 3.39% |
Trade BitMEX DEFIMEX Basket Index
Details of BitMEX Basket Index
The BitMEX basket index is made up of the weighted average (according to the index multiplier) prices of the components (such as .BBNBT).
The index multiplier of the BitMEX basket index is adjusted and updated on the last Friday of each calendar quarter.
Any changes in the composition and condition index multipliers will be announced 7 days before the adjustment based on the market value analysis conducted 4 days before the announcement.
For more information about the BitMEX basket of indices, please click here to view BitMEX’s documents.
Like all dual currency contracts, the ALTMEXUSD and DEFIMEXUSD perpetual contracts will have a fixed Bitcoin multiplier regardless of the dollar price of a basket.
Traders use XBT as a margin and earn or lose XBT.
This dual currency risk premium may be one of the factors that cause the premium/discount of ALTMEXUSD and DEFIMEXUSD relative to the index level.
Go to BitMEX’s Official Website
ALTMEXUSD
| Symbol: | ALTMEXUSD |
|---|---|
| Bitcoin Multiplier: | 0.000001 XBT (100 Satoshi) |
| XBT contract value: | ALTMEXUSD price* Bitcoin multiplier (100 Satoshi / 1 USD) |
| Underlying asset: | .BALTMEX |
| Maximum leverage: | 25 times |
| Provide liquidity rate: | -0.025% |
| Liquidity withdrawal rate: | 0.075% |
| Basic initial margin: | 4.00% |
| Basic maintenance margin: | 2.00% |
DEFIMEXUSD
| Symbol: | DEFIMEXUSD |
|---|---|
| Bitcoin Multiplier: | 0.000001 XBT (100 Satoshi) |
| XBT contract value: | DEFIMEXUSD price * Bitcoin multiplier (100 Satoshi / 1 USD) |
| Underlying asset: | .BDEFIMEX |
| Maximum leverage: | 25 times |
| Provide liquidity rate: | -0.025% |
| Liquidity withdrawal rate: | 0.075% |
| Basic initial margin: | 4.00% |
| Basic maintenance margin: | 2.00% |
GMT+8 time July 20, 2021, 12:00 (UTC time 04:00) to start trading.
This summer BitMEX has been continuously launching new products-including AAVEUSDT perpetual swaps, MATICUSDT perpetual swaps, VETUSDT perpetual swaps, SOLUSDT perpetual swaps, FILUSDT perpetual swaps, and XBTEUR perpetual swaps and The launch of futures contracts.
Go to BitMEX’s Official Website
Please check BitMEX official website or contact the customer support with regard to the latest information and more accurate details.
BitMEX official website is here.
Please click "Introduction of BitMEX", if you want to know the details and the company information of BitMEX.
Comment by Hans
April 24, 2024
as I am trading here various assets, for me it's the most important feature. i mean, flexibility in tradable markets. i alternate trading styles, meaning that sometimes I trad...