Bitget Launches U-based DMC Perpetual Contract

Bitget, a leading global cryptocurrency exchange, launched a U-based DMC perpetual contract with leverage up to 50x on June 24, 2025.

The launch of Bitget’s U-based DMC perpetual contract signifies its effort to expand its derivatives offerings, potentially boosting trading activity.

Nutshell

Bitget’s new perpetual contract for the DeLorean Motor Company (DMC) token introduces leverage options ranging from 1 to 50x, marking its latest addition to a series of U-based contracts. This move comes as part of Bitget’s broader strategy to enhance its derivatives trading platform. Stakeholders include Gracy Chen, Managing Director, as a notable figure in driving these expansions.

“Stake BGB or DMC on Bitget Launchpool to earn from a 66M DMC reward pool, starting June 24, 2025.” – Gracy Chen, Managing Director, Bitget

Trading for DMC began on June 24, 2025, alongside the introduction of a 66 million DMC reward pool for staking BGB or DMC tokens. These changes aim to boost liquidity and user activity. The underlying assets affected are DMC, BGB, and USDT, establishing varied relations in Bitget’s ecosystem.

The immediate impact of the launch is expected to increase DMC’s trading volume and open interest. The 66 million DMC staking pool may reduce exchange availability as tokens are locked. The broader market could see increased engagement due to potential rewards.

Financial and market implications are significant, with potential upticks in trading activity for DMC. Long-term effects on the market will depend on token utility and user adoption within Bitget’s ecosystem, echoing trends from prior launches.

Historical data suggests past patterns of increased social engagement and trading volume following similar launches. Potential regulatory scrutiny remains absent, though increased trading interest in perpetual contracts usually triggers industry-wide focus. Bitget continues leveraging key partnerships within the crypto community as it expands its offerings.