Bitget Launches 0G Perpetual Futures and Microsoft Stock Contracts, Expanding Derivatives Portfolio
## The Event in Detail
**Bitget** has announced the immediate listing of U-margined perpetual contracts for the **0G** token and **Microsoft (MSFT)** stock. The **0G** perpetual contracts offer leverage up to **50x**, while the **MSFT** stock-based contracts provide up to **25x** leverage. These new offerings are settled in **USDT**, characteristic of **Bitget's USDT-M Futures** category, allowing for continuous 24/7 trading. Previously, **Bitget** had launched **0GUSDT** for pre-market futures trading with a maximum leverage of **20x**.
Concurrent with the **0G** listing, **Bitget** is hosting a **CandyBomb airdrop** for **0G** tokens, featuring a total prize pool of **14,500 0G**. Participants are required to complete specific trading volume tasks, with the activity concluding on September 29, 18:00 (UTC+8).
## Financial Mechanics and Product Innovation
**Bitget's** introduction of **MSFT** stock-based contracts is part of its broader strategy to integrate **real-world assets (RWAs)** into its platform. The exchange has been actively expanding its tokenized RWA feature, supporting over **100** tokenized stocks and ETFs from major U.S. companies like **Apple**, **Tesla**, **Amazon**, **Microsoft**, and **Nvidia**. These tokenized assets are denominated in **USD** and are accessible to users based on regional eligibility.
Trading for these tokenized RWAs, including the new **MSFT** contracts, is available 24/7 with fees capped at **0.06%**. **Bitget** facilitates these trades through **Ondo Finance's Global Markets infrastructure**, ensuring efficient execution and secure asset custody. Users can begin trading with as little as $1, without the need for traditional brokerage accounts. It is important to note that these stock futures are not securities and do not confer actual ownership, dividends, voting rights, or shareholder privileges of the underlying stocks.
For **0G**, which functions as a decentralized infrastructure layer for artificial intelligence (AI), its native token serves for gas fees, governance, and node operations. The platform offers a combination of a Layer 1 blockchain, decentralized computing, storage, and data availability. The **0G** token has also been part of a broader market introduction strategy, including a **Binance HODLer Airdrop** of **3 million 0G** tokens (0.3% of total supply) earlier in September.
## Market Implications and Strategic Positioning
This expansion by **Bitget** signifies a deliberate move to diversify its product suite and enhance its market position in the derivatives sector. The listing of **0G** perpetual contracts is expected to boost the token's visibility, liquidity, and trading volume, particularly given the accompanying airdrop incentives. For **Bitget**, offering both cryptocurrency and traditional stock-based derivatives under a single **USDT-M Futures** umbrella aims to attract a wider range of traders, from crypto natives to those interested in traditional equities within a decentralized finance (DeFi) context.
This strategy aligns with a growing trend in the Web3 ecosystem where platforms are seeking to bridge traditional finance (TradFi) with DeFi. Other protocols, such as **Avantis**, have also launched on-chain perpetuals trading for major U.S. equities like **Microsoft**, offering similar high leverage options. **Bitget's** emphasis on **tokenized RWAs** and accessible derivatives trading positions it as an innovator at the intersection of DeFi and TradFi, potentially influencing other exchanges to broaden their contract offerings and user access.
## Risk Considerations
Trading highly leveraged futures contracts, including those offered by **Bitget**, carries significant risks. The potential for loss can be unlimited and may exceed the initial deposit. These risks are inherent to the volatile nature of cryptocurrencies and dynamic market conditions. Traders are exposed to market risk, where positions can move against them, credit risk from counterparties, and liquidity risk if unable to close positions. Additionally, platform parameters, such as margin requirements, can be adjusted by **Bitget** based on market risk. Operational risks, including system malfunctions or cyberattacks, and regulatory risks further underscore the speculative nature of these financial instruments. Investors are advised that stock futures do not grant equity ownership or associated rights, and digital asset prices are subject to substantial fluctuation, potentially resulting in the loss of principal investment.
