TradFi perpetual futures are cash-settled perpetual contracts that allow you to speculate on the price movements of real world assets like US stocks, commodities, and forex pairs. They are derivative products that closely track the underlying asset’s price through a funding rate mechanism, but unlike traditional futures, they never expire, giving you continuous 24/7 exposure to global traditional markets.

TradFi Perps are the easiest way to trade RWAs like stocks, forex, and commodities with crypto on our platform. They allow you to gain exposure to RWA price movements without converting your crypto to fiat. You can use your existing crypto assets like BTC or USDT as collateral directly on our crypto exchange TradFi platform with up to 100x leverage.

Absolutely. Our TradFi Perps are designed to run 24/7/365, unconstrained by TradFi trading hours. Outside of trading hours, the index price is reliably maintained by other data sources such as data feeds from industry leaders like Pyth and Chainlink, as well as our internal order book. Learn more about index methods here.

Funding is based on the traded prices and the premium index, and paid on the 8-hour schedule regardless of trading hours. Traders who are Long (Buy) or Short (Sell) will periodically pay or receive a small fee, which incentives the perpetual price to stay close to the actual asset price.