According to information from TiemGiamGia, the cryptocurrency exchange LBank has officially launched the PUMP U perpetual futures contract at 00:55 (SGT) on April 2, 2025. This contract offers a maximum leverage of up to 50x, providing greater trading flexibility for investors.

PUMP U Contract Details

• Contract Name: PUMP U Perpetual Contract
• Launch Time: 00:55 (SGT) on April 2, 2025
• Exchange: LBank
• Maximum Leverage: 50x
• Contract Type: Perpetual Futures Contract

Market Impact

The launch of the PUMP U perpetual futures contract by LBank marks a significant step in expanding derivative products on the platform. With high leverage, this contract may attract many traders looking to maximize their profits, but it also comes with higher risks.

Investors should closely monitor market movements and carefully consider their strategies before engaging in high-leverage trading. Market volatility can create opportunities but also pose significant risks of losses if risk management is not properly handled.

Conclusion

LBank’s introduction of the PUMP U perpetual futures contract provides new trading options for the crypto community. However, traders should equip themselves with a thorough understanding of the product and implement proper risk management strategies to make the most of this contract.

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