Bybit Expands Derivatives Offering with 24/7 FX Perpetuals

How These Contracts Differ from Traditional Forex Instruments

Bybit launched three new USDT-settled perpetual contracts on September 8, 2026, tracking major currency pairs including EUR/USD, GBP/USD, and USD/JPY. The exchange introduced these instruments to provide traders with continuous access to global forex markets without expiration dates. Trading is available around the clock, allowing users to take positions with up to 100x leverage on these FX pairs.

The move represents a strategic expansion of Bybit’s derivatives business into traditional currency markets, aiming to attract both crypto-native traders and those familiar with forex. By using USDT as the settlement currency, the contracts simplify margin requirements and reduce complexity for users already operating within the exchange’s ecosystem. The perpetual structure eliminates the need for rollovers, offering a streamlined alternative to conventional futures.

What Risks Should Traders Consider Before Using High Leverage

Unlike standard forex trades that often require broker accounts and are subject to market hours, Bybit’s FX perpetuals operate on blockchain infrastructure with instant settlement. Traders can open and close positions at any time, benefiting from the exchange’s high liquidity and advanced risk management tools. The 100x leverage option, while amplifying potential returns, also increases exposure to liquidation risks, particularly during volatile market conditions. Bybit emphasizes that risk controls, including automatic deleveraging mechanisms, are in place to maintain market stability.

High leverage trading carries significant risk, especially in fast-moving currency markets where sudden price swings can trigger liquidations. Traders are advised to use stop-loss orders and maintain adequate margin levels to avoid unexpected position closures. Bybit provides educational resources and risk warnings within its platform to help users understand the implications of leveraged trading. The exchange also monitors trading activity to prevent manipulation and ensure fair market conditions.

What is the settlement currency for these FX perpetuals? The contracts are settled in USDT, meaning profits and losses are calculated and paid out in this stablecoin.

Frequently Asked Questions

Do these contracts have an expiration date? No, they are perpetual contracts, which means they do not expire and can be held indefinitely as long as margin requirements are met.

Is 100x leverage available on all three currency pairs? Yes, traders can access up to 100x leverage on EUR/USD, GBP/USD, and USD/JPY perpetual contracts on Bybit.