Bybit launches EUR/USD, GBP/USD and USD/JPY perpetuals with up to 100x leverage
Dubai-based exchange Bybit added three major currency pairs to its derivatives offering, allowing traders to bet on forex without owning the currencies.
Cryptocurrency exchange Bybit launched USDT-settled perpetual contracts tracking EUR/USD, GBP/USD and USD/JPY. The products allow traders to speculate on foreign exchange movements without holding ownership of the underlying assets. Profits and losses are settled in stablecoins, while trading occurs 24 hours a day regardless of traditional market closures. Leverage reaches up to 100x. Bybit stated these items join its TradFi Perpetuals suite, which currently covers over 200 assets including equities and commodities. Bank for International Settlements data indicates global over-the-counter FX turnover averaged $9.6 trillion per day in April 2025. Kraken previously introduced five forex perpetual futures with up to 50x leverage in April 2025. BitMEX entered the sector in April 2026 with six pairs offering up to 100x leverage.
