Bybit announced today that it’s launching Forex Perpetual Contracts for EUR/USD, GBP/USD, and USD/JPY, extending its derivatives business into the trillion-a-day global forex market.

All the contracts will be settled in USDT. They have no expiry date and track the underlying spot currency pairs, while allowing traders to use crypto assets as collateral.

The move builds on a broader shift in which major cryptocurrency exchanges and trading venues, in general, are increasingly offering access to traditional financial assets through derivatives and tokenization.

FX Perpetuals Expand Bybit’s TradFi Suite

The first listings are EURUSDUSDT, GBPUSDUSDT, and USDJPYUSDT, with leverage of up to 100x, according to a statement by Bybit shared with CryptoPotato.

Unlike conventional Forex markets, Bybit’s contracts can be traded around the clock.

This would allow traders to react to decisions, geopolitical developments, and other macro events, even when the underlying FX market is currently closed.

The exchange also said that these products are designed to potentially help users hedge currency exposure while keeping their collateral in crypto.

Keep in mind that the launch follows the debut of the exchange’s TradFi Perpetual suite in April 2026.

Crypto Platforms Keep Expanding to TradFi Solutions

With the booming sector of real-world assets, more and more crypto-first exchanges are pushing towards traditional finance.

But that’s perhaps to be expected. Crypto traders want access to traditional markets, and providing that access from a single account seems like the most logical next step.

That said, FX perpetuals remain leveraged derivatives, which means that users face funding costs and liquidation risks rather than simply owning the underlying currencies.

It’s interesting to see whether these contracts can attract meaningful, sustained liquidity outside conventional FX trading hours as well.

Source: CryptoPotato