According to an official announcement, BitMEX will launch STRAXUSDT linear perpetual contract with leverage up to 10 times at 04:00 UTC on November 16th (12:00 Beijing time).

Previously, blockchain technology company Stratis announced that the community vote on "launching the EVM Layer1 network" has passed and token replacement will take place in December. The original token STRAX will be replaced by STRAT at a ratio of 1:10, and the latter will serve as the native token of the new network.

Previously, Stratis announced plans to launch StratisEVM. As a Layer1 network, StratisEVM is a PoS blockchain based on Ethereum, and will also launch L2 solutions in the future, focusing specifically on high throughput and low finality to meet the needs of gaming and DeFi protocols.