Crypto.com Launches 24/7 Crypto Perpetuals With Up to 5x Leverage
Crypto.com has launched crypto perpetual futures, allowing eligible users to trade supported markets 24/7 with up to 5x leverage. At launch, the contracts cover BTC, ETH, SOL, HYPE, ZEC and SEI; perpetuals linked to stocks, pre-IPO assets and commodities are planned for later.
The product supports long and short positions, isolated margin, and take-profit and stop-loss orders. Crypto.com says positions have no expiry, although they may incur ongoing funding charges. Eligible users will receive a full trading-fee rebate from 27 October to 26 November 2026. First-time traders must complete a risk-profile survey.
The US offering is provided through Crypto.com | Derivatives North America, a CFTC-regulated exchange, with customer accounts and funds held by Foris DAX FCM, a CFTC-registered futures commission merchant. Crypto.com warns that leverage can lead to losses exceeding the initial margin. The launch expands Crypto.com’s derivatives offering but does not itself indicate a directional change in the broader crypto market.
Neutral
Crypto.com’s perpetual futures launch is a product and access development, not a direct catalyst for a broad crypto price move. The addition of 24/7 trading, long and short positions, and up to 5x leverage could attract active traders and increase trading activity in the supported contracts. The limited-time fee rebate may encourage early usage, while the planned expansion into stock and commodity perpetuals signals a broader derivatives strategy.
The immediate impact is likely to be concentrated on Crypto.com’s platform and the listed markets rather than the entire crypto market. Similar exchange product launches and fee promotions have often lifted initial interest or trading volume, but their effects on token prices have tended to depend on wider conditions such as Bitcoin’s trend, liquidity, funding rates and risk appetite. This launch alone provides no clear bullish or bearish signal for BTC or the other listed assets.
Over the longer term, easier access to leveraged derivatives may deepen liquidity and expand hedging options. However, leverage can also amplify losses and trigger liquidations, potentially adding volatility during sharp moves. Ongoing funding charges and the risks of holding positions indefinitely are further considerations. The CFTC-regulated exchange and registered futures commission merchant provide a defined US operating structure, but do not remove the risks of derivatives trading. Overall, the news is neutral for market direction, with possible localized effects on activity and volatility.