What is STX/USDT Perpetual Contract (STXUSDT.P)?
The STX/USDT Perpetual Contract (STXUSDT.P) is a crypto derivative that tracks the price of Stacks (STX) against Tether (USDT), settled in USD. As a perpetual swap listed on BingX, it has no expiry date, letting traders hold long or short positions on STX with leverage indefinitely. Stacks is a layer that brings smart contracts and decentralized apps to Bitcoin, making STX a proxy for interest in Bitcoin-based DeFi. On TradeSearcher, STXUSDT.P is backed by over 1,800 backtests spanning data from 2023 onward, giving traders a deep, multi-year foundation to evaluate strategy performance across varied market conditions.