Bybit launched perpetual contracts linked to six prominent US stocks including UNH, GE, JPM, GILD, AMGN, and REGN, offering traders a new way to access equity exposure without owning shares directly. This move adds to Bybit’s growing lineup of stock-related derivatives.
More Than Just Crypto: Perpetual Contracts for Stocks
Perpetual contracts are derivatives that mimic the price movements of an underlying asset but have no expiration, allowing positions to remain open indefinitely. Here, the underlying assets are well-known public companies from sectors like healthcare, finance, and biotech. This offering complements Bybit’s previous US stock and ETF contracts such as those for SMH, XBI and XLE and SKHY.
Traders on Bybit can now take long or short positions on shares of companies like JPMorgan Chase or Gilead Sciences with up to 20 times use, without having to buy the actual stocks. This setup appeals to crypto traders familiar with perpetual futures but eager to diversify into traditional equities.
Bybit reports that their expansion into US stock derivatives reflects growing demand for hybrid products combining crypto trading mechanics with stock market exposure. Since the introduction of similar contracts, platforms like Binance have rolled out perpetuals for top US stocks as well, signaling increasing interest in this intersecting market.
Trading volumes for such stock perpetuals have seen substantial traction, with some products reaching tens of millions in daily turnover shortly after launch. This indicates that perpetual contracts on US equities could become a key inclusion for crypto derivatives exchanges looking to broaden their user base.
Disclaimer: This article is for informational purposes only and does not constitute financial advice.
