Bybit Enters Traditional Finance with Forex Perpetual Contracts Launch

Bybit, a prominent cryptocurrency exchange, has taken another step into traditional finance by launching Forex Perpetual Contracts. The contracts will be available for EUR/USD, GBP/USD, and USD/JPY pairs, all settled in USDT. This move follows Bybit's TradFi Perpetual suite debut in April 2026.

The new contracts allow traders to use crypto assets as collateral, providing up to 100x leverage. Unlike traditional Forex markets, which operate during specific hours, these perpetual contracts can be traded around the clock, enabling users to react to market events and geopolitical developments even when the underlying FX market is closed.

The introduction of FX Perpetual Contracts is part of a broader trend where cryptocurrency exchanges are expanding into traditional financial products. This allows traders to hedge currency exposure while keeping their collateral in crypto assets.