BitMart has expanded its futures platform with the launch of SPCXUSDT, a new perpetual contract linked to SpaceX. The contract went live on June 5 and allows traders to gain exposure to SpaceX-related price movements using USDT as the settlement asset.
The launch comes a day after BitMart introduced a series of stock-linked perpetual contracts tied to major companies, including Amazon, Robinhood, Palantir, Oracle, IBM, Cisco, and Taiwan Semiconductor Manufacturing Company.
BitMart Futures Will Launch SPCXUSDT Perpetual contracts!
Read more: https://t.co/lnVour5umJ pic.twitter.com/9UmGcawCgz
— BitMart Futures (@BitMart_Futures) June 5, 2026
What is BitMart’s new SPCXUSDT futures contract?
The SPCXUSDT perpetual contract allows users to trade with leverage ranging from 1x to 20x. The contract is settled in USDT and does not have an expiry date, meaning traders can hold positions without needing to roll them over.
According to BitMart, the underlying asset for the contract is SPCX, which is linked to SpaceX. The exchange has set the minimum price movement at 0.01 USDT, while each contract represents 0.01 SPCX.
BitMart noted that contract specifications may be adjusted over time depending on market conditions, including leverage limits, margin requirements, and other risk management measures.
Why is BitMart expanding its stock-linked futures offerings?
The SPCXUSDT launch follows a push by BitMart to offer more trading products tied to well-known companies. Earlier this week, the exchange added perpetual contracts linked to firms such as Amazon, Robinhood, Oracle, Palantir, IBM, and Rocket Lab.
These products allow traders to speculate on price movements without directly owning the underlying shares. Similar to crypto perpetual futures, they provide continuous market exposure while using leverage to increase trading flexibility.
The growing list of contracts suggests increasing demand for products that connect traditional markets with crypto trading platforms.
How does this fit into a wider market trend?
BitMart is not the only exchange moving in this direction. Several crypto trading platforms, including Coinbase, Crypto.com, Binance, and decentralized venues on the Hyperliquid network, have introduced stock-linked, synthetic, and pre-IPO trading products. These offerings give users exposure to traditional and private market assets through crypto-based derivatives and tokenized instruments.
More recently, Coinbase and Binance have also launched products tied to private companies or publicly listed stocks. These offerings aim to give crypto traders exposure to traditional assets without leaving the digital asset ecosystem.
Similarly, BitMart announced the launch of Pre-Market Trading for Bitway (BTW) Points, a new initiative that allows investors to trade early before the official token listing.
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