Bybit launches 24/7 perpetuals for major currency pairs
Summary
Bybit has launched USDT-settled perpetual contracts for three major FX pairs: EUR/USD, GBP/USD, and USD/JPY. The products let traders speculate on exchange-rate moves without owning the currencies, offer up to 100x leverage, and have no expiry date. Profits and losses are settled in USDT, and trading runs 24/7, even when traditional FX markets are closed. The launch expands Bybit’s TradFi Perpetuals suite, introduced in April, which now spans more than 200 assets across equities, commodities, ETFs, and pre-IPO companies. The move adds foreign exchange to crypto exchanges’ growing list of traditional finance derivatives. FX is the world’s largest and most liquid market, with average daily OTC turnover of $9.6 trillion in April 2025.
