Bybit launches FX Perpetual Contracts for EUR/USD, GBP/USD, and USD/JPY pairs with up to 100x leverage and USDT settlement.
DeFi & Yields ·
Bybit has launched Forex Perpetual Contracts for three currency pairs—EUR/USD, GBP/USD, and USD/JPY—settled in USDT with no expiry date. The contracts enable traders to employ crypto assets as collateral and permit leverage of up to 100x, with trading available around the clock unlike traditional forex markets.
The launch represents Bybit's expansion into traditional finance derivatives, following a broader trend of crypto exchanges integrating conventional financial assets into their platforms. By offering forex exposure alongside crypto products, the exchange aims to allow traders to access both asset classes from a single account without switching between separate systems.
The exact timing of rollout for each pair, trading fees, initial liquidity levels, and risk management parameters such as position size caps or liquidation mechanics remain unspecified in available announcements.