SGX Bitcoin and Ethereum Perpetual Futures Debut with $35M in Volume
SGX Derivatives’ Bitcoin (BTC) and Ether (ETH) perpetual futures launched on Monday to strong interest, highlighting growing institutional appetite for regulated crypto derivatives.
Trading kicked off with nearly 2,000 lots exchanged, representing roughly $35 million in notional value, while open interest closed at 58 lots, or about $1 million, according to SGX. Tight bid-ask spreads and stable funding rates of 3 basis points pointed to solid liquidity from the start.
The debut was supported by eight leading clearing members — Bright Point International, Guotai Junan Futures, KGI Securities, Marex, Nanhua Singapore, Orient Futures, Phillip Nova, and StoneX Financial — cementing Singapore’s position as a regional hub for digital asset trading.
Perpetual futures allow speculation without an expiration date, offering continuous funding, high leverage, and price discovery for institutional investors. Backed by Singapore’s AAA credit rating and robust risk infrastructure, SGX aims to bridge traditional finance with crypto in a secure, professional-grade environment.
The successful launch signals the maturation of institutional crypto markets, providing a reliable avenue for seasoned investors in Asia and beyond.
