Bybit to Launch Duolingo-Linked Perpetual Contract
Cryptocurrency exchange Bybit announced it will list the DUOLUSDT TradFi Perpetual Contract on November 6, 2026, at 11:00 AM UTC. The new contract will offer maximum leverage of up to 25x and will also be accessible through Bybit’s Futures Bots, including Futures Grid, Futures Martingale, and Futures Combo.
Contract Specifications
The DUOLUSDT contract is a USDT Perpetual Contract that tracks the performance of Duolingo as its underlying equity. The settlement asset will be USDT.
Key specifications include:
- Tick Size: 0.01
- Maximum Leverage: 25x
- Capped Funding Rate: ± 2%
- Funding Fee Settlement Interval: 8 hours
- Trading Hours: 24/7
The official website for Duolingo is https://www.duolingo.com/.
Understanding TradFi Perpetual Contracts
Bybit clarified that TradFi Perpetual Contracts are synthetic derivative instruments designed to mirror the price movements of underlying assets such as equities, ETFs, and commodities. Trading these contracts does not grant any ownership or interest in the actual underlying asset. Users will not own the underlying assets and will have no rights to dividends, voting, distributions, or other holder entitlements. It is also noted that contract prices may differ from the price of the underlying asset.
Risk Disclosure
Trading involves substantial risks, including the potential for complete loss of margin and, with leverage, additional losses. Corporate actions affecting the underlying asset, such as stock splits, mergers, suspensions, or delistings, may lead to adjustments in contract terms, prices, positions, settlement, suspension, or termination. For comprehensive risk disclosures, users are advised to consult the Help Center and Terms and Conditions.
Furthermore, this product may not be available in all jurisdictions or to all users. Users are responsible for complying with local laws. Bybit reserves the right to restrict, suspend, or terminate the availability or access to this product at any time, in accordance with applicable laws, regulatory requirements, or its internal policies.
In cases of any discrepancy between the English version of this announcement and any translated versions, the English version will take precedence.
