Bybit Opens Oura Pre-IPO Perpetual Trading With Up To 25x Leverage

TL;DR Bybit has launched OURAUSDT as a pre-IPO TradFi perpetual contract. Trading began September 22 at 13:30 UTC with leverage of up to 25x. The contract tracks implied pre-IPO valuation; traders do not receive Oura shares or IPO allocations. Oura’s move toward the public markets is now being traded before the stock itself is available. Bybit has launched OURAUSDT, a pre-IPO TradFi perpetual contract that gives users leveraged synthetic exposure to the smart-ring company’s implied valuation. Ou