Deribit Expands Linear Perpetual Lineup with Altcoin Futures Contracts
Deribit has expanded its range of linear perpetual futures contracts to include USDC-settled products for 19 altcoins. The new contracts, which are available around the clock with trading and settlement in USDC, follow standard linear perpetual contract specifications. Deribit's Auto-Deleveraging (ADL) mechanism and Liquidity Support Program (LSP) will also apply to these contracts.
The affected altcoins include ONDO, APE, JUP, PENDLE, APT, BERA, ARB, RENDER, INJ, OP, ETHFI, TIA, VVV, PENGU, MON, PRL, SAGA, CFX, XPL, and BOME. These contracts are designed for active traders seeking leverage up to 50x, with various order types available.
Deribit emphasizes security features such as two-factor authentication and cold wallet storage. The platform's browser terminal and mobile applications support trading via TradingView.