SEI perpetual futures arrive on CFTC-regulated OG.com Markets

SEI just got a seat at a very exclusive table. North American Derivatives Exchange, Inc., the CFTC-regulated venue operating as OG.com Markets, certified US dollar-settled perpetual futures on the SEI token on October 8, 2026. The contracts were expected to list by October 12. That makes SEI one of only five crypto assets with CFTC-regulated perpetual futures on a US platform, alongside BTC, ETH, SOL, and XRP. How the SEI perpetual futures work A perpetual futures contract has no expiration date. Traders can hold the position as long as they want, provided they keep up with periodic payments known as funding. The SEI contracts on OG.com Markets carry no expiration and settle in US dollars against a reference index that tracks the spot price of the SEI token. Nobody actually receives SEI tokens at any point. Traders get dollar exposure to the token’s price moves without needing a wallet, a crypto exchange account, or custody of the asset itself. Funding on the contracts is calculated every eight hours. Funding payments flow between traders betting on price increases and traders betting on declines, and they exist to keep the contract price anchored close to the underlying spot price...