Bybit Brings Crypto-Collateralized FX Perpetuals to Global Traders

Bybit has launched Forex (FX) Perpetual Contracts on its platform, introducing three major currency pairs for traders to access. The FX Perpetual Contracts include EURUSDUSDT, GBPUSDUSDT, and USDJPYUSDT, all of which are USDT-settled and track their respective spot exchange rates without an expiry date.

The launch is a significant move by Bybit, as it aims to bridge the traditional finance (TradFi) and digital asset markets. The FX market is a core pillar of global finance, underpinning international trade, cross-border commerce, and currency risk management for businesses and institutions worldwide.

According to the latest BIS Triennial Central Bank Survey, turnover in OTC FX markets averaged $9.6 trillion per day in April 2025, up 28% from $7.5 trillion in 2022. Bybit's FX Perpetual Contracts can serve as an accessible currency hedging mechanism for traders seeking to safeguard portfolio gains against FX volatility.

The listings extend Bybit's TradFi Perpetuals suite, which launched in April 2026 and has since grown to more than 200 assets spanning global equities, commodities, ETFs, and pre-IPO names. Bybit's FX Perpetuals bring the same crypto-native mechanics, including funding rates, dynamic leverage, and full integration with Bybit's Unified Trading Account, to the foreign exchange market.