BitMEX launches 24/7 stock perps for Tesla fan tokens and the metaverse
BitMEX has introduced a new line of stock perps that allow traders to open positions around the clock on fan tokens tied to the share prices of major companies. The exchange launched perpetual contracts on Tesla, Meta, Microsoft, and several other assets, targeting users who want exposure to “corporate” instruments without stock-market trading hours.
The platform emphasizes that users are not buying real shares and receive no shareholder rights. These are derivatives based on fan tokens issued by Synthetix and other providers.
These tokens mirror the price movements of the corresponding stocks and trade 24/7, giving traders the ability to react to news and events outside traditional market hours.
BitMEX positions the product as a way to expand access to global markets and provide additional hedging tools. The new contracts feature maker fees of 0.02%, taker fees of 0.075%, and leverage up to 30x, key metrics frequently weighed in Bitmex vs Bybit analysis.
Tesla and Meta fan tokens were included in earlier BitMEX product sets, but the new launch makes them available as full perpetual futures. Users can now open long and short positions based on company price movements without waiting for stock exchanges to open.
According to BitMEX, interest in such instruments is growing. Traders are increasingly looking for ways to capture the volatility of major tech companies while keeping the flexibility of the crypto markets. The introduction of 24/7 perps on fan tokens is part of the exchange’s broader strategy to bridge traditional and crypto-financial markets.
The product continues a wider trend in which crypto exchanges create tokenized analogues of stocks and offer uninterrupted access to global assets. This allows traders to use familiar tools in an environment with no market weekends or restricted trading sessions.
BitMEX representatives stress that the tokens are issued by independent providers, while the exchange handles only trade execution. This approach reduces regulatory risk and keeps the product accessible in jurisdictions where trading tokenized equities is restricted.
The launch of stock perps strengthens BitMEX’s position as a derivatives-focused exchange for active traders. The company says it plans to expand its lineup of fan tokens and add new contracts in the coming months.
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