Overview
- The new contracts will price off the iEdge CoinDesk Crypto Indices, providing institutional reference benchmarks.
- Access will be limited to accredited and institutional investors via SGX Derivatives.
- Perpetual futures have no expiry and use funding rates to keep prices aligned with spot markets.
- SGX cites research showing roughly $187 billion in average daily perpetual volume globally, with Asia a key hub for activity.
- Market participants including DBS, Bitstamp by Robinhood, OKX, GSR, QCP and Virtu expressed support for the launch as Bitcoin trades near six‑month lows.