Bybit Launches Forex Perpetual Contracts For Crypto Traders

Crypto exchange Bybit is pushing further into traditional finance by launching Forex Perpetual Contracts. The new lineup starts with EUR/USD, GBP/USD, and USD/JPY pairs, offering traders up to 100x leverage. All contracts are settled in USDT and have no expiry date, allowing market participants to use crypto assets as collateral while tracking underlying spot currency values.

Unlike traditional currency markets, these crypto based perpetual contracts trade around the clock. This setup lets traders react to global economic news and geopolitical events even when standard banking hours are closed. The platform designed these products to help users hedge currency exposure directly from their crypto portfolios.

This release builds on Bybit rolling out its broader traditional finance perpetual suite earlier in April 2026. As crypto platforms continue bridging the gap with traditional finance, traders should watch to see if these new FX products can pull in steady liquidity outside normal trading hours, keeping in mind the high risks that come with leveraged derivatives.