Blockchain.com adds perpetual futures trading to self-custody wallets

With a CFTC greenlight expected soon, industry momentum is building for the derivative contracts still only available to non-US investors.

Blockchain.com has rolled out perpetual futures trading in its non-custodial DeFi wallet, allowing users to open leveraged positions directly from self-custodied Bitcoin used as collateral without transferring funds to an exchange.

According to Tuesday’s announcement, the feature is routed through decentralized derivatives exchange Hyperliquid and gives users access to more than 190 crypto markets with up to 40x leverage.

Perpetual futures are derivative contracts that allow traders to take leveraged positions on an asset’s price without an expiration date. Michael Selig, chair of the Commodity Futures Trading Commission (CFTC), said last month that the derivatives regulator plans to allow the contracts in the coming weeks.

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