TL;DR

• KuCoin Futures has launched stock-index perpetual contracts tracking Nike, Accenture and the Breakwave Tanker Shipping ETF.
• The contracts are settled in USDT, trade continuously and support leverage of up to 20x.
• They are synthetic derivatives and do not give traders ownership of the underlying shares or ETF units.

KuCoin is extending its crypto-style perpetual futures market further into traditional equities.

The exchange has launched USDT-margined contracts tracking Nike, Accenture and the Breakwave Tanker Shipping ETF, with leverage available from 1x to 20x.

The products use the same broad structure crypto traders already know from perpetual futures, but the reference assets come from conventional securities markets.

The Contracts Track Prices, Not Ownership Rights

KuCoin is explicit that these are synthetic derivatives.

A trader buying NKEUSDT is taking exposure to the price movement of Nike shares. They do not become a Nike shareholder, receive voting rights or take delivery of stock.

The same applies to the Accenture and BWET contracts.

Funding is settled every eight hours, with rates capped at plus or minus 2% under the initial contract parameters.

Trading is available around the clock, even when the underlying U.S. securities market is closed.

Always-On Stock Derivatives Create A Different Market

The 24/7 structure is both the attraction and the complication.

A trader can react to news during evenings and weekends rather than waiting for the cash market to reopen.

But when the underlying equity is not trading, price discovery moves into the derivative itself.

That can create wider gaps between the perpetual and the last official cash-market price, particularly around major news.

Leverage makes those gaps more dangerous.

At 20x, a relatively small move against a position can create a liquidation event long before a long-term investor in the underlying stock would care about the same price change.

KuCoin’s expansion shows how quickly crypto derivatives infrastructure is being repurposed for assets outside crypto.

Perpetual futures began as a native digital-asset product.

They are increasingly becoming an alternative wrapper for trading everything from commodities to equities, with crypto exchanges competing to make traditional markets feel as continuous as Bitcoin.

This article was written by the News Desk and edited by Samuel Rae.

TL;DR

• Binance Futures is adding USDT-settled perpetual contracts tracking StablecoinX, Viking Therapeutics, McDonald’s and Akamai.
• The contracts trade 24/7 and support leverage of up to 20x.
• They are derivatives that track the underlying equities; buyers do not receive the actual shares.

Binance is continuing to blur the line between a crypto derivatives venue and an around-the-clock market for traditional assets.

The exchange announced four new USDT-settled perpetual contracts on October 6 tied to StablecoinX, Viking Therapeutics, McDonald’s and Akamai Technologies.

Each contract can be traded with up to 20x leverage and remains open 24 hours a day.

Stock Exposure Without Stock Ownership

The new contracts track the price of the underlying equities but do not deliver shares.

That is a fundamental distinction.

A trader holding MCDUSDT has leveraged price exposure to McDonald’s stock through a derivative. They are not a McDonald’s shareholder and do not receive the ordinary rights that come with owning the equity.

Binance settles the contracts in USDT and uses a funding-rate mechanism to keep perpetual prices anchored to their reference markets.

The exchange has capped funding at plus or minus 2% per interval for the new products, with funding settled every eight hours.

24/7 Trading Creates Its Own Price Problem

Traditional stock markets close.

Perpetual futures do not.

That means there will be periods when the Binance derivative continues trading while the underlying U.S. equity market is shut.

During those hours, traders are effectively expressing a view on where the stock should trade when the cash market reopens.

That can be useful, particularly around breaking news, but it can also create dislocations.

Leverage magnifies that risk.

A 20x position can be liquidated by a relatively small adverse move, even when the underlying company’s long-term investment case has barely changed.

Binance has been expanding its TradFi perpetual lineup throughout 2026, and the latest four contracts show that the product is becoming a permanent part of the exchange rather than a one-off experiment.

Crypto exchanges built the world’s largest perpetual-futures markets around digital assets.

Now some of that market structure is being applied to stocks, with the same always-on trading culture and the same need for traders to understand what leverage can do when the reference market itself is closed.

This article was written by the News Desk and edited by Samuel Rae.

TL;DR

• Bybit has listed SDGRUSDT, a perpetual contract tracking Schrödinger Inc. shares.
• The contract offers up to 25x leverage through the exchange’s TradFi perpetual platform.
• Holders receive synthetic price exposure rather than physical SDGR shares.

Bybit has added Schrödinger Inc. to its growing list of equities that can be traded through crypto-style perpetual futures.

The new SDGRUSDT contract opened on September 22 with leverage of up to 25x.

A Biotech Stock Enters The Perpetual Market

Schrödinger is a software and drug-discovery company, making the listing a notable extension beyond the crypto-linked and technology names that have dominated many early TradFi perpetual products.

Bybit users can now trade continuous long or short exposure to SDGR through a USDT-settled contract.

That creates a market with different hours and mechanics from the underlying stock.

It also adds leverage and funding-rate dynamics that do not exist when an investor simply buys shares.

Synthetic Exposure Comes With Different Risks

The contract does not deliver physical SDGR stock.

There are no shareholder voting rights and no direct ownership relationship with Schrödinger.

Instead, traders are taking a derivatives position linked to the stock’s price.

That distinction is especially important for investors who may be familiar with equities but less familiar with perpetual futures.

The listing is another sign that crypto exchanges increasingly see themselves as global derivatives venues rather than platforms limited to digital assets.

Bybit’s TradFi desk is now applying the same perpetual structure to a steadily wider set of public-market prices.

This article was written by the News Desk and edited by Samuel Rae.

TL;DR

• Bybit has launched URNMUSDT perpetual futures tied to the Sprott Uranium Miners ETF.
• The contract offers up to 25x leverage and continuous trading through Bybit’s TradFi desk.
• It is a synthetic derivative, not a spot ETF holding.

Crypto traders can now take leveraged exposure to uranium miners without leaving a perpetual-futures venue.

Bybit has listed URNMUSDT, a TradFi perpetual contract tied to the Sprott Uranium Miners ETF.

Uranium Exposure Gets Crypto Trading Hours

The contract opened on September 22 at 13:00 UTC with leverage of up to 25x.

Positions are settled in USDT and can be traded through Bybit’s derivatives infrastructure rather than a conventional securities brokerage.

That means traders get continuous access to the price theme without owning the underlying ETF.

The product also extends a broader trend in which crypto exchanges are becoming wrappers for commodities, equities and thematic funds.

Perpetual Exposure Is Not ETF Ownership

URNMUSDT tracks the price performance of the referenced ETF through a synthetic derivatives structure.

Users do not receive ETF shares, distributions or shareholder rights simply by holding the perpetual contract.

They also take on the additional risks of leverage, funding and liquidation.

The appeal is convenience and 24/7 access.

The trade-off is that the instrument behaves like a crypto perpetual, not like a conventional long-term ETF position.

For Bybit, the listing pushes its TradFi desk further beyond individual equities and into thematic market exposure.

This article was written by the News Desk and edited by Samuel Rae.