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BitMEX Expands TradFi Footprint: Launches 24/7 Around-the-Clock Forex Perpetual Swap Trading

BitMEX Alpha
特邀专栏作者
@BitMEX
2026-04-29 12:00
This article is about 1311 words, reading the full article takes about 2 minutes
This series of products aims to meet the evolving needs of traders through more targeted and scalable solutions.
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  • Key Insight: BitMEX has announced the launch of seven forex perpetual swaps, allowing traders to trade major currency pairs 24/7 using cryptocurrency as margin. The initiative aims to lower the entry barriers of the traditional forex market and eliminate operational friction.
  • Key Elements:
    1. The products cover seven major currency pairs including EUR/USD and USD/JPY, supporting up to 100x leverage with no overnight swap fees.
    2. They operate around the clock. When the traditional forex market is closed on weekends, price data transitions seamlessly from external aggregators to internal order books.
    3. Designed to address the limitations of traditional forex barriers, the CEO stated this aligns with the broader trend toward "24/7, borderless" trading models.
    4. The selected currency pairs account for a significant share of global forex trading volume, with EUR/USD alone representing approximately 23% of daily trading volume.
    5. BitMEX plans to further expand its traditional finance perpetual product suite, having previously launched products like WTI Crude Oil and Silver.

Mahé, Seychelles – April 16, 2026 – BitMEX today announced the launch of seven Foreign Exchange (FX) Perpetual Swaps, enabling traders to participate in the global currency market 24/7 using cryptocurrency as collateral.

The newly launched products cover EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CNH, USD/CHF, and USD/CAD. Traders can gain exposure to these major currency pairs without relying on traditional brokers or fiat currency funding. These contracts remain operational around the clock, even during weekends when traditional FX markets are closed.

Building on its deep expertise in cryptocurrency derivatives, this launch marks BitMEX's further expansion into FX-linked perpetual products. The series is designed to meet the evolving needs of traders through more targeted and scalable solutions.

"The foreign exchange market is the largest and most liquid market globally, yet its entry barriers are still constrained by fragmented and time-limited traditional systems," said Stephan Lutz, CEO of BitMEX. "With FX perpetual swaps, traders can trade major currency pairs anytime using cryptocurrency as collateral, eliminating the operational friction of the traditional brokerage model. This reflects the broader shift toward a '24/7, borderless' trading paradigm."

FX perpetual swaps allow traders to use cryptocurrency as collateral, thereby eliminating the cumbersome processes of fiat deposits, bank transfers, or opening accounts with brokers. These contracts support up to 100x leverage and a 0% base interest rate, removing the overnight swap fees typically charged by traditional FX service providers.

The selected currency pairs hold significant weight in global FX trading. Among them, EUR/USD accounts for approximately 23% of daily trading volume, while USD/JPY and GBP/USD are primary instruments for traders to express views on interest rate trends, monetary policy, and global risk sentiment.

Unlike traditional FX markets, which typically close for around 48 hours over the weekend, BitMEX's perpetual products support continuous trading, enabling real-time responses to macroeconomic events. During market hours, pricing is sourced from external aggregated data; during off-hours, it smoothly transitions to internal order book activity to ensure an uninterrupted user trading experience.

Based on user demand, BitMEX plans to further expand its TradFi perpetual product suite. Previously, BitMEX has launched equity and commodity-related products, including WTI Crude Oil and Silver (XAG). This ongoing expansion reflects BitMEX's core strategy: leveraging crypto-native infrastructure to bridge traditional financial markets through a unified derivatives platform.

For more details on BitMEX's FX perpetual swaps, please visit the official blog.

About BitMEX

BitMEX is a pioneer in crypto derivatives trading, providing professional cryptocurrency traders with a platform that meets their needs through low latency, deep crypto-native liquidity, and unparalleled reliability.

Since its inception, BitMEX has never lost any cryptocurrency due to intrusion or hacking attacks, allowing BitMEX users to trade with peace of mind, knowing their funds are secure. It also ensures they have access to the products and tools necessary to be profitable.

BitMEX was also among the first exchanges to publicly publish on-chain proof of reserves and proof of liabilities data. The exchange continues to publish this data twice weekly, demonstrating the secure storage and segregated custody of funds.

For more information about BitMEX, please visit the BitMEX Blog or www.bitmex.com, and follow us on Telegram, Twitter and Discord.

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