Trade.xyz launches NIFTY 50 perpetuals with 20x leverage

Trade.xyz has launched perpetual futures tied to India’s NIFTY 50 stock index, allowing traders to take leveraged positions of up to 20 times with round-the-clock trading and settlement in USDC. Summary Trade.xyz has launched NIFTY 50 perpetual futures with up to 20x leverage, allowing traders to take positions on India’s benchmark stock index around the clock. The new contract tracks the NIFTY 50’s native Indian rupee index level without applying foreign exchange conversion, while profits and losses are settled in USDC. Unlike traditional index futures, the perpetual contract has no fixed expiration date and remains available for trading even when Indian stock exchanges are closed. The launch expands trade.xyz’s equity derivatives offerings on Hyperliquid, where the platform recorded $202.36 billion in trading volume during the second quarter of 2026. In an October 27 announcement on X, the decentralized trading platform confirmed that its NIFTY market was live and would remain available 24 hours a day, seven days a week, including weekends and public holidays. The new contract tracks the NIFTY 50, India’s benchmark stock index comprising 50 leading companies listed on the Nationa...