Bybit unveils 24/7 FX perpetuals with 100x leverage

Bybit launches 24/7 USDT-settled perpetual contracts for EUR/USD, GBP/USD, and USD/JPY with up to 100x leverage, enabling crypto-collateralized forex trading.

Bybit has introduced USDT-settled perpetual contracts for three major forex pairs: EUR/USD, GBP/USD, and USD/JPY, expanding its TradFi Perpetuals suite. These contracts offer up to 100x leverage, have no expiration date, and closely track the underlying spot currency pairs. Traders can use crypto assets as collateral, providing flexibility and broader access to the global forex market. Trading is available 24/7, allowing users to respond to macroeconomic news and geopolitical events even when traditional FX markets are closed. The contracts are managed through Bybit’s Unified Trading Account, streamlining the trading experience for users. To celebrate the launch, Bybit is offering initial promotions such as waived fees on limit orders and discounts on market order fees. This move follows similar offerings by other exchanges and aims to provide both speculative and hedging opportunities for traders seeking exposure to the world’s largest financial market, which recorded an average daily turnover of $9.6 trillion in April 2025.