Crypto Exchanges Launch Perpetual Futures on Traditional Assets
Crypto exchanges are expanding their offerings to include perpetual futures on traditional assets like Apple stock and gold, creating a parallel market for 24/7 trading without expiration dates.
The shift is not a pivot, but rather a logical extension of the technology used in crypto derivatives. Perpetual futures have already solved the problem of continuous trading, allowing exchanges to build liquidity, risk engines, and user interfaces for a global audience that treats market hours as a relic.
Exchanges are now applying this machinery to traditional asset classes, creating synthetic long or short positions represented by on-chain contracts. These contracts are cash-settled in stablecoins like USDC or USDT, bypassing the fragmented hours and settlement delays of traditional equity markets.