Major Firms Expand Perpetual Futures, Signaling Shift to 24/7 Trading
What happened
Major crypto firms are expanding the use of perpetual futures. These contracts allow investors to bet on an asset's price without owning it directly, and they do not have an expiration date. Industry experts note a growing push to bring this derivative model to traditional assets, including indexes, single stocks, and commodities.
From businessinsider.com
Why it matters
The expansion of perpetual futures is viewed as a structural engine for 24/7 trading across various markets. This trend suggests a growing integration of derivatives into traditional financial assets, a move advocated by finance professionals and crypto proponents.
From businessinsider.com
Who's involved
- CoinbaseAmerican company operating a cryptocurrency exchange platform
- RobinhoodAmerican financial services company expanding its product offerings
- KresusBlockchain infrastructure firm commenting on the push for market expansion
- BakktSpot market for crypto currency and derivatives commenting on the model's popularity
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- BakktSpeculative
Bakkt might see increased demand for derivatives infrastructure as perps expand to traditional assets.
Possible ripples
Who this could reach next, traced step by step from the reporting. Possibilities worth considering, not forecasts.- Crypto firms' perpetual futures expansion may challenge Interactive BrokersIncreased competition from crypto firms may challenge Interactive Brokers' market share.Possible
- Perpetual futures expansion could boost demand for exchange infrastructureIncreased demand for 24/7 trading infrastructure may benefit Intercontinental ExchangePossible
- Perpetual futures expansion may increase demand for Bakkt's servicesIncreased demand for derivatives infrastructure may boost Bakkt's business.Possible
- Robinhood's new perps could increase Ethereum network usageIncreased trading activity may boost demand for Ethereum's Layer 2 infrastructurePossible
- Major platforms' perpetual futures expansion may boost Bitcoin activityIncreased perpetual futures trading may boost Bitcoin market activityPossible
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The entities involved
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Coinbase
American company that operates a cryptocurrency exchange platform
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Donald Trump
American businessman and politician (born 1946), President of the United States (2017–2021; since 2025)
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Robinhood
American financial services company