Bybit launches 24/7 FX perpetuals with 100x leverage

Bybit launched three FX perpetual contracts on Sept. 8, expanding its derivatives business into major global currency markets. The exchange introduced USDT-settled contracts tracking EUR/USD, GBP/USD and USD/JPY. Summary Bybit launched USDT-settled perpetual contracts tracking EUR/USD, GBP/USD and USD/JPY with continuous trading and leverage. All three contracts offer maximum leverage of 100x and remain tradable around the clock daily. Traders receive price exposure without owning euros, pounds, dollars, yen, or underlying currency deposits directly. The products use USDT collateral, indefinite maturities, funding rates, and Bybit’s Unified Trading Account system. Global over-the-counter foreign exchange turnover averaged $9.6 trillion daily during April 2025, BIS data showed. The Bybit FX perpetuals operate continuously and offer leverage of up to 100x. They do not expire. Traders can therefore maintain positions without rolling contracts into later maturities, although periodic funding payments may affect the cost of holding them. The contracts provide synthetic exposure to currency movements. Buyers do not own euros, pounds, dollars or yen. Profits, losses and collateral are den...