Bybit launches 24/7 perpetuals for major currency pairs

Bybit has introduced USDTsettled perpetual contracts for EUR/USD, GBP/USD, and USD/JPY as part of its expanding tradfi derivatives offering. The products allow trading around the clock and offer leverage of up to 100x, with gains and losses settled in USDT rather than the underlying currencies. The Dubaibased exchange said the contracts are included in its TradFi Perpetuals suite, which it launched in April. The suite now reportedly covers more than 200 assets, including equities, commodities, ETFs, and preIPO companies. Foreign exchange is the largest financial market by trading volume, and Bybit is joining other crypto exchanges that have added forexstyle perpetuals, including Kraken and BitMEX.