Market Cap: $3.273T 0.720%
Volume(24h): $115.5487B -20.290%
  • Market Cap: $3.273T 0.720%
  • Volume(24h): $115.5487B -20.290%
  • Fear & Greed Index:
  • Market Cap: $3.273T 0.720%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$106554.015123 USD

1.63%

ethereum
ethereum

$2453.720517 USD

2.48%

tether
tether

$1.000504 USD

-0.01%

xrp
xrp

$2.184729 USD

2.30%

bnb
bnb

$645.072770 USD

0.97%

solana
solana

$146.042618 USD

2.39%

usd-coin
usd-coin

$0.999904 USD

0.00%

tron
tron

$0.273125 USD

0.17%

dogecoin
dogecoin

$0.166374 USD

2.51%

cardano
cardano

$0.586207 USD

1.45%

hyperliquid
hyperliquid

$38.596053 USD

4.50%

sui
sui

$2.807444 USD

1.32%

bitcoin-cash
bitcoin-cash

$473.606870 USD

3.34%

chainlink
chainlink

$13.383890 USD

3.88%

unus-sed-leo
unus-sed-leo

$9.032885 USD

-1.05%

Cryptocurrency News Articles

Privasea AI (PRAI) Perpetual Contract Now Available on Bybit

May 19, 2025 at 06:32 pm

Bybit, one of the world's leading cryptocurrency derivatives exchanges, has announced the listing of a new perpetual contract: Privasea AI (PRAIUSDT).

Crypto derivatives exchange Bybit has announced the listing of a new perpetual contract: Privasea AI (PRAIUSDT).

This brings together two increasingly hot topics in the crypto sphere: AI projects and the continuing expansion of Bybit’s Innovation Zone with a batch of high-potential, high-risk assets.

At this time, traders can now access up to 12.5x leverage on the pair.

What Is Privasea AI?

Privasea AI, tagged on the platform under the ticker $PRAI, is a privacy-focused AI computation network that claims to decentralize and secure the processing of artificial intelligence workloads.

Its value proposition centers around privacy-enhancing technologies (such as zk-SNARKs or secure enclaves) to enable AI inference across decentralized environments while keeping user data confidential.

This aligns closely with ongoing global discussions around the ethical use of AI, data ownership, and decentralized control over machine learning systems.

As such, Bybit’s decision to list the perpetual contract could hint at growing institutional interest in this class of hybrid AI and blockchain infrastructure.

Perpetual Contracts and Leverage Explained

Perpetual contracts are a type of derivative product that allows traders to speculate on the price of an asset without needing to hold the underlying token.

These contracts do not have an expiration date, making them a popular choice for short-term traders and institutional hedgers who wish to maintain leveraged exposure to an asset class.

With 12.5x leverage, users can amplify their exposure to $PRAI price movements.

However, high leverage also introduces elevated risk—small fluctuations in price can lead to significant gains or losses. This is especially pertinent in the case of innovation-zone tokens, which are generally more volatile than established cryptocurrencies.

Why This Matters

The listing of PRAIUSDT could appeal to a niche but growing segment of traders and investors interested in the convergence of AI and crypto.

As blockchain-based AI projects begin carving out their roles in the broader tech ecosystem, exchanges are racing to provide early exposure to these assets.

Moreover, Bybit’s Innovation Zone serves as a testbed for emergent assets. While not every token listed there reaches long-term success, it offers traders an opportunity to engage with new narratives and technologies before they mature in the market.

Concluding Thoughts

The introduction of Privasea AI to Bybit’s perpetual trading roster signifies both the exchange’s adaptability and the broader industry’s trend toward blending artificial intelligence with decentralized systems.

As Web3 infrastructure continues to evolve, and as regulatory interest in AI deepens, projects like Privasea—and their listings on major platforms—will likely play an increasingly visible role in shaping crypto market dynamics.

Still, as always, caution remains key. Traders engaging with leveraged products on volatile tokens should approach with due diligence and a clear understanding of the associated risks.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Jun 25, 2025