BitMEX Announces $DOOD Perpetual Listing Scheduled for May 12 with USDT Margin

BitMEX Exchange will list the new DOODUSDT perpetual contract on May 12, 2025, at 04:00 UTC. Traders can use up to 50x leverage when trading this DOOD Perpetual Contract. The DOOD token powers the Doodles ecosystem and its decentralized storytelling framework. This listing offers price exposure without requiring traders to hold tokens directly. It marks an important step for novel crypto trading products. Users can prepare strategies ahead of the launch. Liquidity providers opened deposits early to boost initial market depth.

Key Details of the DOOD Perpetual Listing on BitMEX

The DOOD Perpetual Contract on BitMEX is a linear swap margined in USDT. Each contract size equals 0.1 DOOD, and trades must meet a 10 DOOD minimum. Maker and taker fees are fixed at 0.05 % per transaction. Traders can employ high-leverage strategies at significant risk. Price swings can lead to major gains or losses quickly. Understanding contract mechanics and market context is crucial for informed trading. Traders should account for volatility and leverage before entering positions. The product appeals to high-risk, high-reward traders seeking innovative instruments.

BitMEX Exchange listing follows DOOD token’s initial trading on Bitget on May 9, 2025. Deposits opened early to build liquidity and prepare for live markets. These successive listings highlight growing interest in utility-driven crypto assets. They blend creative aims with advanced trading options. These listings also show growing community support and developer interest. Yet perpetual contract speculation might diverge from DreamNet’s content goals. Users must weigh trading excitement against the token’s long-term mission. However, perpetual contracts come with high price volatility and risk.

The DOOD Token’s Role in a Sustainable Creative Economy

Unlike typical NFT tokens, the DOOD token forms the base of the DreamNet protocol. DreamNet runs on Solana and supports user-created content and collaborative storytelling. It challenges centralized control by major entertainment franchises. Each Universe Token empowers contributors to add characters and settings. DreamNet uses tokenization to integrate ideas into a coherent world. AI systems and human creators can use this protocol. This design balances creative freedom with economic sustainability. It underpins the DOOD’s deeper utility beyond mere trading.

DreamNet reimagines how fictional worlds are created and maintained. It shifts control from centralized franchises to distributed, token-driven authorship. Every world uses a unique Universe Token for governance and contributions. Creators tokenize elements like characters, settings, and story ideas. These tokens integrate into a composable storytelling system. AI and humans both benefit from this structured, interoperable framework. This design aims to grow diverse collaborative narratives at scale. This approach supports token economies around shared creative assets, underpinning the DOOD’s deeper utility beyond mere trading.

The Role of DOOD Token in the Doodles Metaverse

The DOOD token serves as the first Universe Token in the Doodles metaverse. It tracks creative contributions and governs narrative consistency. Users, developers, and automated agents interact via this token. It ensures a shared fictional canon across the ecosystem. In the future, AI-readable formats could enhance storytelling platforms. This token model bridges human creativity and automated tools. It acts as a gateway to participate in evolving storylines. The system promotes continuous worldbuilding driven by token incentives. The token’s utility extends into interactive media and collaborative worlds.

How does the BitMEX Listing Impact the Future of DOOD? 

The DOOD Perpetual Contract offers an easy way for traders to bet on token value. Yet the token’s core goal lies in a decentralized storytelling infrastructure. Speculative pressures may misalign market behavior with DreamNet development. BitMEX exposure could drive more liquidity and visibility. Real adoption depends on engaging developers and community members. Success requires narrative consistency alongside healthy market interest. Traders should understand both the financial and creative sides. Balancing trading excitement and ecosystem maturity will shape long-term outcomes. Only then will the DOOD token reach its full potential.

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