Bitget bets on U-based volatility through no-maturity trading

Bitget has launched a perpetual contract based on U-shaped tokens XPIN and UB, further expanding its derivatives products amid growing demand for leveraged trading. This move comes as Bitcoin trading price exceeds $65,000 and U-shaped token-based assets are significantly volatile. Bitget reported that trading volumes rose 12% month-on-month in March, and although these contracts are at risk due to the speculative nature of the tokens, they are expected to attract retail investors. The exchange has implemented risk control measures such as position restrictions and real-time margin monitoring.