Crypto.com and OG.com launch perpetual futures contracts with up to 5x leverage for U.S. traders.
DeFi & Yields ·
Crypto.com and OG.com have launched perpetual futures contracts available to U.S. traders with up to 5x leverage. The contracts operate continuously through both Crypto.com's App and Exchange platforms, allowing round-the-clock trading access.
The move reflects a broader expansion of derivatives offerings in the U.S. market, where multiple platforms are introducing perpetual futures products with varying leverage ratios. Crypto.com and OG.com's offering sits at the lower end of the leverage spectrum compared to some competing venues.
Details on the specific contract terms, settlement mechanics, and whether regulatory approval or compliance frameworks underpin the U.S. launch remain unclear from available reporting. The breadth of markets covered and any geographic or account-type restrictions are also not yet specified.