---
title: "KuCoin and Bybit announce AXISUSDT perpetual contracts with up to 20x leverage"
description: "KuCoin announced a new AXISUSDT perpetual contract with up to 20x leverage, and Bybit announced AXISUSDT perpetual trading in its Innovation Zone, also with up to 20x leverage, according to the exchanges' announcements. Reported by Bybit Announcements, KuCoin Announcements on 2026-10-21."
language: en
canonical: "https://whycoinmoves.com/en/events/tether-new-listing-axisusdt-perpetual-contract-087d267226c01a"
published: 2026-10-24T13:39:17.000Z
updated: 2026-10-24T13:41:01.000Z
indexable: false
---

# KuCoin and Bybit announce AXISUSDT perpetual contracts with up to 20x leverage

KuCoin announced a new AXISUSDT perpetual contract with up to 20x leverage, and Bybit announced AXISUSDT perpetual trading in its Innovation Zone, also with up to 20x leverage, according to the exchanges' announcements. Reported by Bybit Announcements, KuCoin Announcements on 2026-10-21.

Attributed sources: [Bybit Announcements](<https://announcements.bybit.com/en-US/article/new-listing-axisusdt-perpetual-contract-in-innovation-zone-with-up-to-20x-leverage--art3e8fd0024821/>), [KuCoin Announcements](<https://www.kucoin.com/announcement/en-kucoin-futures-new-listing-axisusdt-perpetual-contract-with-up-to-20x-leverage?lang=en_US>)

## Key facts

KuCoin announced a new AXISUSDT perpetual contract with up to 20x leverage, and Bybit announced AXISUSDT perpetual trading in its Innovation Zone, also with up to 20x leverage, according to the exchanges' announcements.
Evidence strength: Single source, 1 publisher group(s) (Bybit Announcements, KuCoin Announcements); this describes source coverage, not truth or causation.
No complete post-detection return window is available yet.

## Returns after site detection

| Window | Return | BTC | Difference from BTC | Actual sampled interval (UTC) | Source |
| --- | --- | --- | --- | --- | --- |
| 5 minutes | — | — | — | — | — |
| 1 hour | — | — | — | — | — |
| 24 hours | — | — | — | — | — |

## Historical hourly baseline

| Metric | Value |
| --- | --- |
| Ready | false |
| Coverage | 0.0% (0/720) |
| Median absolute hourly return | — |
| 99th percentile of absolute hourly returns | — |
| BTC beta | — |
| Source / cutoff (UTC) | — / 24/10/2026, 13:39 |

## Claims and open questions

- KuCoin announced the new listing of an AXISUSDT perpetual contract offering up to 20x leverage, per KuCoin's announcement.
- Bybit announced AXISUSDT perpetual contract trading in its Innovation Zone with up to 20x leverage, per Bybit's announcement.
- What launch times and trading conditions, such as funding intervals or tick sizes, each exchange set for the AXISUSDT contract beyond the stated leverage cap?

## Source evidence

- [New listing: AXISUSDT Perpetual Contract in Innovation Zone, with up to 20x leverage](<https://announcements.bybit.com/en-US/article/new-listing-axisusdt-perpetual-contract-in-innovation-zone-with-up-to-20x-leverage--art3e8fd0024821/>) — Bybit Announcements; published 21/10/2026, 13:20; received 21/10/2026, 13:25 (UTC).
- [KuCoin Futures New Listing: AXISUSDT Perpetual Contract with Up to 20x Leverage](<https://www.kucoin.com/announcement/en-kucoin-futures-new-listing-axisusdt-perpetual-contract-with-up-to-20x-leverage?lang=en_US>) — KuCoin Announcements; published 22/10/2026, 04:33; received 22/10/2026, 04:37 (UTC).


## Recent USDT events and market reactions

- [Senate Democrat seeks Tether records on payments tied to Nxum](<https://whycoinmoves.com/en/events/tether-us-senator-probes-tether-after-8b639f8d4e7519>) — Published 23/10/2026, 17:42 (UTC) · Multiple publishers (4 publishers) · Regulation · Complete reaction windows unavailable
- [Bybit and Binance announce delistings of USDT perpetual contracts](<https://whycoinmoves.com/en/events/tether-binance-futures-will-delist-ptbusdt-bc44107e6fcee7>) — Published 21/10/2026, 09:30 (UTC) · Multiple publishers (2 publishers) · Exchanges · Complete reaction windows unavailable
- [Full coin archive](<https://whycoinmoves.com/en/coins/tether>)

## Recent Exchanges events on other coins

- [BMT: Upbit adds KRW market for Bubblemaps (BMT)](<https://whycoinmoves.com/en/events/bubblemaps-upbit-adds-krw-market-bubblemaps-f061e223b4f46e>)
- [AXIS: Upbit adds KRW market for Axis Robotics (AXIS)](<https://whycoinmoves.com/en/events/axis-robotics-upbit-adds-krw-market-axis-336c1a34fee70d>)
- [Exchanges](<https://whycoinmoves.com/en/topics/listing>)

## Research for this archive

- [Does crypto news move prices or follow them? A timestamp audit](<https://whycoinmoves.com/en/research/announcement-timestamps-and-causality.md>)
- [BNB spot and perpetual hedging: airdrops, funding and yield risks](<https://whycoinmoves.com/en/research/bnb-spot-perpetual-hedge-and-airdrops.md>)
- [Crypto listing and delisting effects: an OKX price study](<https://whycoinmoves.com/en/research/exchange-listing-and-delisting-price-reactions.md>)
- [Monero XMR and Zcash ZEC: delistings, liquidity and USD vs USDT](<https://whycoinmoves.com/en/research/privacy-coin-delistings-and-quote-currency-isolation.md>)

[Methods and limitations](<https://whycoinmoves.com/en/methodology>)
Publisher count is not independent evidence count. Price changes cannot verify news or prove causation.