BitMEX Unveils 24/7 Crypto-Collateralized Stock Trading
6.1 Investments BitMEX introduces Equity Perps, allowing 24/7 leveraged trading of major U.S. stocks and indices using crypto as collateral, with perpetual contracts, funding rates, and global access.
BitMEX has launched Equity Perps, a new derivatives product enabling 24/7 trading of major U.S. stocks and indices using cryptocurrencies such as Bitcoin, Ethereum, and stablecoins as collateral. These perpetual swap contracts, which have no expiry date, allow traders to take leveraged long or short positions on assets like Apple, Tesla, Nvidia, the S&P 500, and the Nasdaq. The contracts use a funding rate mechanism to keep prices aligned with underlying indices and are cash-settled. Trading is available around the clock, with real-time equity pricing during U.S. market hours and tokenized spot prices outside those hours. Maker rebates and taker fees apply, and funding is exchanged every eight hours. The launch aims to provide global traders, including those outside U.S. time zones, with flexible access to U.S. equities without the need for traditional brokerage accounts. BitMEX emphasizes compliance with applicable laws and adapts to evolving regulatory frameworks, while other platforms also report growing interest in tokenized equities.
