BlockBeats News, August 27th, Trade.xyz announced that the perpetual market for the State Street SPDR S&P Biotech ETF (XBI) is now live, supporting up to 10x leverage and providing 24/7, 365-day trading.

XBI corresponds to one share of the State Street SPDR S&P Biotech ETF priced in US dollars. This ETF is listed on NYSE Arca, tracking the S&P Biotechnology Select Industry Index, which uses an adjusted equal-weighting methodology and covers biotechnology companies in the U.S. market.