Bybit Launches Crypto-Collateralized FX Perpetual Contracts
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Dubai – September 11, 2026 -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, has launched Forex Perpetual Contracts, adding a new derivatives category with three USDT-settled pairs: EURUSDUSDT, GBPUSDUSDT, and USDJPYUSDT.
New contracts track spot FX rates without expiry using crypto collateral
The three pairs mirror their respective spot exchange rates and carry no expiry date, letting traders hold continuous FX exposure while posting crypto assets as collateral. The products integrate Bybit's crypto-native derivatives mechanics -- funding rates, dynamic leverage, and the platform's Unified Trading Account -- into foreign exchange trading.