Bybit has gone live with a new stock perpetual contract for CXMT, listed as CXMTUSDT, offering traders up to 20x leverage on the DRAM memory chipmaker. The listing gives Bybit users derivative exposure to CXMT's share price movements without requiring a traditional equities brokerage account.
CXMT has drawn heightened trading interest across multiple crypto exchanges following its recent stock market debut, as demand for memory chips tied to AI infrastructure buildouts continues to climb.
Exchanges Race to List CXMT Exposure
Bybit's listing arrives in the same window as similar CXMT-linked derivative products launching on other exchanges, reflecting how quickly crypto platforms have moved to capture trader demand for AI-adjacent hardware stocks. Offering leveraged, 24/7 access to a stock that would otherwise only trade during standard market hours gives crypto-native traders a way to react to CXMT-related news outside of traditional exchange sessions.
The rapid rollout across multiple platforms underscores how tokenized and derivative stock products have become a competitive battleground for exchanges looking to differentiate their offerings beyond standard spot crypto trading.
