KuCoin Futures Lists PYBOBOUSDT Perpetual With Up to 8x Leverage
KuCoin says the USDⓈ-margined Capybobo perpetual began trading at 9:00 UTC on 2026-10-16, with 1-8x leverage and a capped funding rate of plus or minus 2.00%.
Source-checked briefing: prepared from the official notice cited below and checked for source, date, duplication, and risk language. No individual editor review is claimed. Methodology
KuCoin Futures announced a PYBOBOUSDT-margined perpetual contract for Capybobo (PYBOBO), stating trading began at 9:00 UTC on 2026-10-16. It is USDⓈ-margined, settled in USDT, supports 1-8x leverage, uses 1 contract = 1000 PYBOBO, tick size 0.0000001, and a capped funding rate of +2.00% / -2.00% settled every four hours. Trading hours are listed as 24/7. The source does not establish any required action: it does not tell users to register, deposit, trade, or verify. It states KuCoin may adjust parameters, including tick size, maximum leverage, and maintenance margin rate.
On this page
- 01
KuCoin Futures launched a PYBOBOUSDT-margined perpetual contract for Capybobo (PYBOBO).
- 02
Trading start time stated as 2026-10-16 9:00 UTC.
- 03
Leverage range: 1-8x, with maximum leverage listed at 8x.
Key timeline
Announcement timestamp shown on the KuCoin page.
KuCoin states the PYBOBOUSDT-margined perpetual contract launched and trading began.
Who may be affected
- KuCoin Futures users who choose to trade the PYBOBOUSDT perpetual contract.
- Users monitoring KuCoin Futures listings for newly added contracts.
Impact analysis
The confirmed operational change is the addition of one KuCoin Futures contract: PYBOBOUSDT-margined perpetual, tied to Capybobo (PYBOBO), with trading stated to begin at 9:00 UTC on 2026-10-16. For users who trade it, the announcement fixes several parameters: USDⓈ-margining, USDT settlement, 1-8x leverage, 1 contract = 1000 PYBOBO, tick size 0.0000001, and a capped funding rate of +2.00% / -2.00% settled every four hours. The source also states that KuCoin may adjust parameters from time to time, including tick size, maximum leverage, and maintenance margin rate, depending on market risk conditions. That means the listed parameters are not presented as permanent. The announcement does not state any required action, eligibility condition, fee schedule beyond the funding rate, or effect on any other KuCoin product. Readers who do not use KuCoin Futures or this contract are not assigned any direct consequence by the source.
What the announcement does not say
The source does not disclose the exact time the contract became tradable beyond the stated 9:00 UTC start, any regional eligibility restrictions, initial margin or maintenance margin rates, fee tiers, or whether the contract was available to all KuCoin Futures users. It also does not state how or when parameter adjustments would be communicated.
Risk notes
- KuCoin states it may adjust contract parameters, including tick size, maximum leverage, and maintenance margin rate, depending on market risk conditions.
- The announcement includes a general risk warning that investing in cryptocurrency carries risks and that KuCoin is not liable for investment gains or losses.
- The source does not describe the liquidity, price behavior, or trading volume of the new contract.
- The source does not state eligibility restrictions, so users should not assume the contract is available in every jurisdiction.
- This article is for verifying official exchange announcements only and does not constitute investment or trading advice.
This article is for information only and is not investment, legal, or tax advice. Digital assets are volatile and may result in loss of principal.
Frequently asked questions
Did KuCoin require users to take any action for this listing?
No. The announcement describes the launch of the PYBOBOUSDT perpetual contract and its parameters; it does not instruct users to register, deposit, trade, or complete any verification step.
What leverage and funding terms does the source state?
The source states 1-8x leverage, a capped funding rate of +2.00% / -2.00%, and funding fee settlement every four hours.
Can the contract parameters change after launch?
Yes, according to the source. KuCoin states it may adjust parameters from time to time, including tick size, maximum leverage, and maintenance margin rate, depending on market risk conditions.
Does the announcement say which users are eligible?
The source does not disclose eligibility restrictions or regional availability for the PYBOBOUSDT perpetual contract.
Official sources
Collected material is used only for fact checking. If this page differs from the original announcement, the official page controls.
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