BitMEX has launched the MEMEMEXTUSDT basket index perpetual swap contract to track the top 10 meme coins in the crypto market. The index is composed of the weighted average price of the top 10 meme coins by market capitalization, and the index components are rebalanced monthly to ensure that it continues to track the best performing meme coins. It is a USDT-margined linear perpetual swap contract that offers up to 25x leverage. (TheBlock)
