PENGU/USDT Perpetual Futures
Trade the PENGU perpetual contract on Bicoince, settled in USDT with up to 5x leverage. Leveraged positions can be liquidated.
PENGU/USDT-PERP is a perpetual futures contract tracking PENGU, with margin and profit or loss denominated in USDT, and leverage up to 5x. It has no expiry date, so a position can be held for as long as it stays margined, and it is held near the reference price by the funding rate rather than by settling on a date. A leveraged position can be liquidated if its margin runs out.
To buy PENGU itself rather than a contract on its price, use the spot market: PENGU/USDT, PENGU/USDC and PENGU/SOL.
Other perpetual markets on Bicoince: FARTCOIN/USDT, ZEREBRO/USDT, BIO/USDT, GRIFFAIN/USDT, SPX/USDT and MORPHO/USDT.
