WLDUSD began trading on BitMEX on 25 July 2023 at 04:00 UTC. The Worldcoin token (WLD) is the token behind the Worldcoin project, which aims to create a new identity and financial network owned by everyone. For more information about the project, you may visit their website and read the whitepaper: https://worldcoin.org/WLDUSD Quanto Contract SpecAs with all quanto contracts, the WLDUSD contract has a fixed Bitcoin multiplier, regardless of the WLDUSD price. Traders can post margin in XBT, and earn or lose in XBT as the WLDUSD rate changes. This quanto risk premium may be one of the factors that results in the WLDUSD swap trading at a premium/discount to the WLDUSD spot price.