Bybit launches 24/7 FX perpetual contracts with up to 100× leverage
Bybit adds 24/7 FX perpetual contracts
Dubai‑based exchange Bybit has introduced three USDT‑settled perpetual contracts that track the major currency pairs EUR/USD, GBP/USD and USD/JPY. The contracts trade around the clock and allow traders to use leverage of up to 100×.
Key details
- Contracts settle profits and losses in USDT, a stablecoin pegged to the US dollar.
- Leverage can reach 100×, meaning a trader can control a position 100 times larger than their margin.
- Pairs offered: Euro/US dollar, British pound/US dollar and US dollar/Japanese yen.
- Trading is continuous, even when the underlying foreign‑exchange markets are closed.
Official announcement
Bybit’s press release states that the new FX perpetuals are part of its TradFi Perpetuals suite, which already includes more than 200 assets such as equities, commodities, exchange‑traded funds and pre‑IPO companies.
Industry context
Other crypto exchanges have previously launched similar products. Kraken offered five forex perpetual futures with up to 50× leverage in April 2025, and BitMEX added six pairs with up to 100× leverage in April 2026.
Confirmed facts
The launch includes USDT‑settled contracts for EUR/USD, GBP/USD and USD/JPY, 24/7 trading, and leverage up to 100×. The products are part of Bybit’s TradFi Perpetuals suite, which now lists over 200 assets.
Unclear aspects
How much trader interest the new contracts will attract and their impact on overall market liquidity have not been disclosed.
Why it matters
Foreign‑exchange (FX) is the world’s largest and most liquid market, with daily turnover around $9.6 trillion in April 2025. By offering FX perpetuals, Bybit gives crypto traders access to this market outside traditional trading hours and without needing to own the actual currencies.
