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Perpetual Futures

All articles tagged with #perpetual futures

Bitcoin nears $80,000 as Hyperliquid steals the crypto spotlight
crypto11 days ago

Bitcoin nears $80,000 as Hyperliquid steals the crypto spotlight

Bitcoin surged to about $78,200—its highest since May and on track for near-$80k—while Hyperliquid, a decentralized perpetual futures platform, posted record activity and a roughly 195% year-to-date rise in its HYPE token, drawing substantial trading volume away from spot BTC. The rally was supported by macro factors and earlier short liquidations, and it comes amid ongoing U.S. regulatory chatter—Trump’s push for crypto framework and the CFTC’s push for clearer rules—which has boosted sentiment in the crypto space. Overall, the crypto market has gained around 25% over the past week.

Crypto Perps Bring Chinese AI Stocks to Global Traders Ahead of IPO
markets1 month ago

Crypto Perps Bring Chinese AI Stocks to Global Traders Ahead of IPO

Cryptocurrency exchanges have launched perpetual futures tied to Chinese AI stocks, notably CXMT, enabling foreign and crypto traders to gain exposure to pre-IPO and listed Chinese equities despite Beijing’s capital controls. Platforms such as tradeXYZ and Gate.com offer perps that track stock prices (often with leverage), blurring the line between crypto markets and traditional finance. CXMT’s Shanghai listing is targeting around $10bn, while regulators monitor how these instruments are classified and used, amid debates over hedging, access, and the evolving role of crypto-based equity bets.

Retail traders chase ultra-leveraged crypto bets as US opens perpetual futures
finance1 month ago

Retail traders chase ultra-leveraged crypto bets as US opens perpetual futures

Retail traders are flocking to crypto perpetual futures—derivatives that never expire and offer very high leverage—after US regulators allowed a few domestic firms like Kalshi and Coinbase to offer them in May. Proponents argue it marks a watershed for US markets and improves price discovery with round-the-clock trading, while critics warn of outsized risk, instant liquidations, and heightened volatility in crises. Kalshi reported about $1 billion in trading volume within a week of launch, underscoring the product’s rapid growth despite concerns from consumer advocates and market participants about potential losses for small traders.

CME to sue CFTC over perpetual futures, calls them swaps
business2 months ago

CME to sue CFTC over perpetual futures, calls them swaps

CME Group CEO Terrence Duffy says the exchange will sue the CFTC over the regulator’s approval of bitcoin perpetual futures for Kalshi, arguing perpetuals are swaps under the Dodd-Frank Act; the lawsuit is to be filed the next day, a plan he has been pursuing with the board for months as he prepares to step down in 2027, while the CFTC defends its decision.

Kalshi Targets On-Chain Perpetual Futures Across 12 Altcoins
business3 months ago

Kalshi Targets On-Chain Perpetual Futures Across 12 Altcoins

Kalshi has filed with the U.S. CFTC to self-certify perpetual futures tied to roughly 12 major altcoins (including XRP, Solana and Dogecoin), following the regulator’s Bitcoin perps approval. Listing of these products will be considered case-by-case and is not yet approved. The move signals growing regulatory traction for onshore crypto derivatives in the U.S., even as competition from offshore platforms and 24/7 CME trading expands the landscape.

US greenlights bitcoin perpetual futures as Hyperliquid expands offshore
cryptocurrencies3 months ago

US greenlights bitcoin perpetual futures as Hyperliquid expands offshore

The US Commodity Futures Trading Commission approved listing of a bitcoin perpetual futures contract on registered exchanges—the first of its kind in the US—with other assets to be reviewed case by case. The move follows Hyperliquid’s rapid offshore growth, notably in oil-linked contracts spurred by the Iran war, and signals regulators’ closer scrutiny of 24/7, high‑leverage trading. It could prompt regulated rivals like Kalshi, Coinbase, and ICE to offer similar products, while concerns about leverage, price manipulation, and access for US traders persist.

Coinbase Expands with Offshore Crypto Derivatives Exchange Amid SEC Crackdown.
cryptocurrency3 years ago

Coinbase Expands with Offshore Crypto Derivatives Exchange Amid SEC Crackdown.

Coinbase has launched its International Exchange, offering Bitcoin and Ethereum perpetual futures to institutional clients. The exchange will settle trades in USD Coin and have several security features, including real-time 24/7 risk management, dynamic margin requirements, and rigorous compliance standards. The exchange will focus on high-bar regulatory jurisdictions and will be accessible to institutional clients in eligible non-US jurisdictions through an API. Retail customers will not initially have access. Coinbase is committed to the US but believes that countries worldwide are increasingly moving forward with responsible, crypto-forward regulatory frameworks.