Odaily Planet Daily News BitMEX launched the MEMEMEXTUSDT basket index perpetual contract on Thursday 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 value, and the index components are rebalanced monthly to ensure that it continues to track the best performing Meme coins. Its product is a USDT-margined linear perpetual contract that offers up to 25x leverage. To celebrate the launch of the product, BitMEX offers a USDT bonus pool of up to $10,000 for traders who use the MEMEMEXTUSDT contract. (The Block)