Crypto perpetuals · Cryptocurrency · smart-contract platform

Cardano perpetual (ADAUSDT) on QATS Prop

Cardano (ADAUSDT) is a USDT-margined perpetual future you can trade on QATS Prop Crypto challenges, one of 17 instruments on that line. It is priced from Binance or Bybit, the exchange chosen at checkout, takes leverage up to 10× on the current plans, trades around the clock and never expires.

Compiled by the QATS team from the live instrument catalogue · checked

ADAUSDT at a glance

Symbol
ADAUSDT, a USDT-margined perpetual future with no expiry
Challenge
QATS Prop Crypto challenges
Priced from
Binance or Bybit, the exchange chosen at checkout
Listed on
Binance and Bybit
Max leverage
Up to 10× on the current plans, chosen per order
Funding
The exchange’s funding rate, paid or received at its funding times and added to the position’s P&L
Risk day
Starts at 00:00 UTC
Hours
24/7, weekends included

What is Cardano?

A research-led blockchain with one of the largest communities of holders.

Cardano is a smart-contract network developed through peer-reviewed research and released in stages. ADA pays fees and is staked by most holders; the supply is capped at 45 billion.

It trades as a large, liquid alternative coin: it follows the market’s direction with bigger swings, and reacts to its own upgrade milestones and to regulatory news about which tokens are treated as securities.

Launched
2017
Maximum supply
45 billion ADA
Secured by
Proof of stake
Used for
Fees, staking, governance

What moves the price of Cardano?

Crypto market direction
ADA amplifies the moves of bitcoin and ether.
Upgrades and governance
Network milestones are scheduled in advance and traded around.
Regulation
Decisions on the status of alternative coins and on fund products.
Activity on the network
Growth in applications and stablecoins on Cardano.

What do traders watch?

  • Bitcoin and ether direction
  • Cardano upgrade dates
  • US regulatory news

When does ADAUSDT trade?

Trades around the clock, weekends included. Volume is usually deepest when European and US hours overlap, 13:00 to 17:00 UTC.

What are the risks of trading Cardano on a prop account?

  • Crypto moves at any hour. A stop that is not placed is not there when the move happens overnight or at the weekend.
  • This is a perpetual contract: it has no expiry, and its price can sit slightly above or below the market it follows.

Sources

  1. 01Bybit: Introduction to Funding Ratebybit.com
  2. 02Investor.gov: Margin accountinvestor.gov
FAQ3 questions

Frequently asked questions

01Can I trade Cardano with a prop firm?

Yes. Cardano (ADAUSDT) is on QATS Prop Crypto challenges as a USDT-margined perpetual, priced from Binance or Bybit, the exchange chosen at checkout. It is listed on Binance and Bybit, has no expiry and trades 24/7.

02What leverage can I use on ADAUSDT at QATS Prop?

Up to 10× on the current plans. You choose the leverage of each order up to that ceiling; the account’s daily loss limit and maximum loss still apply to the position.

03When can I trade ADAUSDT?

Trades around the clock, weekends included. Volume is usually deepest when European and US hours overlap, 13:00 to 17:00 UTC.

Educational content, not investment advice. This page describes what the market is and does not forecast its price. Evaluation and Funded accounts are simulated; Live Funded is real capital by separate review. Which instruments an account can trade is set by its plan and checked on every order.

READY TO PROVE YOURS?

SKILL DESERVES CAPITAL.

Start your QATS Challenge today.

Start Challenge
Starting from $49/monthUp to $150K simulated account size80% profit split