Moscow Exchange lists five cash-settled crypto perpetual futures for qualified investors
Moscow Exchange began trading five cash-settled crypto perpetual futures open only to qualified investors on Sept 22, 2026.
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Why it matters
The listing extends Russia's largest exchange's derivatives market without opening spot crypto trading to retail buyers, who remain limited to roughly $3,700 a year. Settlement in rubles and index-linked pricing keep the products tied to MOEX's own benchmarks rather than to delivery of the underlying coins.
Key facts
The one-day contracts roll over automatically each day so investors keep open positions without opening a new contract.
Reported by Crypto News (CryptoNews.net)
The futures are quoted in US dollars but settled in Russian rubles and deliver no cryptocurrency.
Reported by Crypto News (CryptoNews.net)
Access to the products is limited to qualified investors.
Reported by Crypto News (CryptoNews.net)
Bitcoin.com News reported more than 72,000 qualified investors have traded MOEX crypto futures with turnover above $7.17 billion (RUB 600 billion).
7,170,000,000 USDReported by Bitcoin.com News
Bitcoin.com News reported the exchange set the funding parameters K1 and K2 at 0% and 0.35%.
0.35 %Reported by Bitcoin.com News
What happened
Moscow Exchange began trading five cash-settled perpetual futures on Sept 22, 2026, tracking in-house crypto indexes for Bitcoin, Ethereum, Solana, XRP and Tron. The contracts, coded BTCUSDF, ETHUSDF, SOLUSDF, XRPUSDF and TRXUSDF, are one-day products that roll over automatically each day, quoted in US dollars and settled in Russian rubles, with no cryptocurrency delivered to investors, according to the exchange's announcement. Access is limited to qualified investors. CryptoSlate reported first-tier minimum margin rates of 22% for Bitcoin, 35% for Ether, 38% for Solana, 43% for XRP and 30% for Tron, while Bitcoin.com News reported funding parameters K1 and K2 set at 0% and 0.35%. Bitcoin.com News alone also reported that more than 72,000 qualified investors have traded MOEX crypto futures with turnover above $7.17 billion (RUB 600 billion) and that Russian retail buyers stay capped near $3,700 per year. Crypto News noted the exchange previously offered expiring futures on Bitcoin and Ethereum, and now adds perpetual-style alternatives for all five assets.
How the story developed
- First report
First report by Crypto News (CryptoNews.net)
Russia’s Largest Stock Exchange Makes a Surprise Decision on Bitcoin and Four Altcoins: Trading Begins Tomorrow
- Update
Moscow Exchange announces perpetual futures on five cryptocurrency indexes
Crypto News reported the exchange said trading in BTCUSDF, ETHUSDF, SOLUSDF, XRPUSDF and TRXUSDF would start the next day, open to qualified investors.
- Independent corroboration
Independently corroborated by CryptoSlate
Moscow Exchange launches 5 crypto perpetual futures as demand tops 600 billion rubles
- Update
CryptoSlate corroborates the launch and details margin requirements
CryptoSlate confirmed the Sept 22 launch and reported first-tier margin rates ranging from 22% for Bitcoin to 43% for XRP.
- Official statement
Official statement from Bitcoin.com News
Russia’s Largest Exchange Lists XRP Perpetuals, but There Is a Caveat
- Update
Bitcoin.com News reports the contracts opened for trading
Bitcoin.com News confirmed trading opened the morning of Sept 22 and added figures on qualified-investor turnover and funding parameters.
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.
- 21 Sept 2026, 20:25 UTC: Crypto News (CryptoNews.net) — 1 independent source, 1 reports
- 22 Sept 2026, 12:30 UTC: CryptoSlate — 2 independent sources, 2 reports
- 22 Sept 2026, 16:33 UTC: Bitcoin.com News, official — 3 independent sources, 3 reports
Affected entities
Also mentioned: TRON, Binance, BNB, BlackRock, United States, Bybit, OKX
Original sources
| Publisher | Report | Role | Published |
|---|---|---|---|
| Bitcoin.com News Company, official | Russia’s Largest Exchange Lists XRP Perpetuals, but There Is a Caveat | Independent | |
| Crypto News (CryptoNews.net) Aggregator | Russia’s Largest Stock Exchange Makes a Surprise Decision on Bitcoin and Four Altcoins: Trading Begins Tomorrow | Original | |
| CryptoSlate Crypto media | Moscow Exchange launches 5 crypto perpetual futures as demand tops 600 billion rubles | Independent |
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