Bybit Launches 24/7 FX Perpetual Contracts for EUR, GBP, and USD Pairs
Bybit introduced USDT-settled perpetual contracts tracking three major forex pairs with up to 100x leverage and around-the-clock trading.
Why it matters
The move extends Bybit's derivatives offering into the world's largest and most liquid financial market, following similar earlier moves by Kraken and BitMEX. It signals a broader trend of crypto exchanges expanding access to traditional finance assets through derivatives.
Key facts
The contracts trade 24 hours a day, seven days a week, including when underlying spot FX markets are closed.
Reported by CryptoPotato
The contracts are settled in USDT.
Reported by CryptoPotato
The FX perpetuals are part of Bybit's TradFi Perpetuals suite, which launched in April and now includes more than 200 assets.
200 assetsReported by DailyCoin
Bybit described as the world's second-largest cryptocurrency exchange by trading volume.
Reported by DailyCoin
Kraken launched five forex perpetual futures with up to 50x leverage in April 2025, and BitMEX introduced six pairs with up to 100x leverage in April 2026.
Reported by Cointelegraph
What happened
Bybit announced the launch of forex perpetual contracts tracking EUR/USD, GBP/USD, and USD/JPY, settling in USDT with no expiry date and leverage of up to 100x. The contracts trade 24/7, including when underlying spot FX markets are closed, and operate within Bybit's Unified Trading Account, keeping positions alongside crypto derivatives. Finance Magnates Crypto noted the contracts are separate from Bybit's MetaTrader 5-based CFD service and that initial specifications do not identify the price data sources for when the underlying market is closed. Cointelegraph reported the launch is part of Bybit's TradFi Perpetuals suite, which launched in April and now includes more than 200 assets. Cointelegraph also noted Bybit is not the first crypto exchange to offer forex perpetuals, citing Kraken's April 2025 launch of five pairs with up to 50x leverage and BitMEX's April 2026 launch of six pairs with up to 100x leverage. DailyCoin cited Bank for International Settlements data showing global over-the-counter FX turnover averaged $9.6 trillion per day in April 2025, up from $7.5 trillion in 2022.
How the story developed
- First report
First report by CryptoPotato
Bybit Launches FX Perpetual Contracts, Starting With EUR, GBP, and USD Pairs
- Update
CryptoPotato reports Bybit FX perpetual launch
CryptoPotato published the first report of Bybit's FX perpetual contract launch for EUR/USD, GBP/USD, and USD/JPY.
- Independent corroboration
Independently corroborated by Finance Magnates Crypto
Bybit Adds 24/7 FX Majors to Its Crypto Derivatives Account
- Update
Finance Magnates reports contract details and account structure
Finance Magnates Crypto provided additional detail that the contracts are separate from Bybit's MetaTrader 5-based CFD service and noted the absence of disclosed price data sources.
- Update
DailyCoin adds market context and BIS data
DailyCoin reported on the launch alongside context on global FX market size, citing BIS survey data.
- Update
Cointelegraph reports competitive landscape
Cointelegraph reported on the launch and noted that Kraken and BitMEX had already launched forex perpetual contracts.
How coverage built up
Independent sources over time, counted the way the consensus panel counts them: a republication of a wire story does not move the line.
- 8 Sept 2026, 13:20 UTC: CryptoPotato — 1 independent source, 1 reports
- 8 Sept 2026, 18:00 UTC: Finance Magnates Crypto, Mainstream media — 2 independent sources, 2 reports
- 8 Sept 2026, 18:07 UTC: DailyCoin — 3 independent sources, 3 reports
- 8 Sept 2026, 18:51 UTC: Cointelegraph — 4 independent sources, 4 reports
Affected entities
Also mentioned: Ethereum, Cardano, Hyperliquid, Liquid Network
Original sources
| Publisher | Report | Role | Published |
|---|---|---|---|
| CryptoPotato Crypto media | Bybit Launches FX Perpetual Contracts, Starting With EUR, GBP, and USD Pairs | Original | |
| Cointelegraph Crypto media | Bybit launches 24/7 perpetuals for major currency pairs | Independent | |
| Finance Magnates Crypto Mainstream media | Bybit Adds 24/7 FX Majors to Its Crypto Derivatives Account | Independent | |
| DailyCoin Crypto media | Bybit Expands Into FX With Perpetuals for EUR, GBP and JPY | Independent |
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