In a significant move to expand its offerings in the digital asset derivatives space, CrossTower has officially launched perpetual futures trading on its Bermuda-based digital exchange. This development marks a pivotal advancement in the platform’s mission to deliver innovative, institution-grade financial products to a global client base.
Perpetual futures—also known as "perpetual swaps"—are derivative contracts that allow traders to speculate on the price movements of cryptocurrencies without an expiration date. Unlike traditional futures, which settle at a predetermined time, perpetual contracts can be held indefinitely, making them ideal for both short-term traders and long-term investors seeking continuous market exposure.
👉 Discover how perpetual futures are reshaping crypto trading strategies.
Expanding Access to Advanced Derivatives
CrossTower’s new product enables users to take long or short positions that align with their investment strategies and risk tolerance. Initially available to qualified clients on its regulated, institutional-grade platform, the feature underscores CrossTower’s commitment to compliance and security while pushing the boundaries of financial innovation.
The exchange plans to roll out perpetual futures for up to 20 top-tier tokens in the coming weeks, broadening access beyond major assets like Bitcoin and Ethereum. This phased expansion reflects growing demand across the digital asset ecosystem, particularly from professional traders and hedge funds looking for diversified hedging and leverage opportunities.
Kapil Rathi, Co-Founder and CEO of CrossTower, emphasized the strategic importance of this launch:
“Perpetual futures provide investors with powerful tools to refine and achieve their investment goals. The flexibility and utility of perpetual contracts make them highly attractive for portfolio construction. We’re proud to contribute to the maturation of the digital asset ecosystem by delivering cutting-edge trading products. CrossTower is committed to staying at the forefront of innovation.”
The Rising Demand for Crypto Derivatives
The global appetite for cryptocurrency derivatives has surged over the past few years, driven by increasing participation from both retail and institutional investors. Among these instruments, Bitcoin perpetual futures have emerged as a key barometer of market sentiment and trading activity.
According to data from Coinglass, Bitcoin perpetual futures reached record open interest levels in 2021, with average daily trading volumes globally hovering around $62 billion throughout the year. By March 2022, open interest for Bitcoin perpetuals stood at $18 billion, while Ethereum perpetuals accounted for $8 billion—highlighting strong and sustained demand across major digital assets.
This growth is fueled by several factors:
- Leveraged trading opportunities allowing amplified returns (and risks)
- Hedging capabilities for portfolio managers holding spot positions
- 24/7 market access, unlike traditional financial markets
- High liquidity on leading platforms enabling efficient execution
As more investors seek sophisticated tools to navigate volatile markets, perpetual futures have become a cornerstone of modern crypto trading infrastructure.
👉 See why advanced traders are turning to perpetual contracts for greater flexibility.
Institutional-Grade Infrastructure Meets Innovation
CrossTower’s Bermuda exchange operates under a robust regulatory framework, ensuring that its services meet international standards for transparency, anti-money laundering (AML), and cybersecurity. By targeting qualified institutional clients first, the platform maintains a controlled environment conducive to stability and trust—critical components in the rapidly evolving crypto landscape.
The integration of perpetual futures into this regulated setting demonstrates how innovation and compliance can coexist. It also positions CrossTower as a competitive player among global exchanges offering derivatives, including Binance, Bybit, and OKX—all of which have seen substantial adoption of perpetual trading products.
However, what sets CrossTower apart is its focus on building a compliant bridge between traditional finance and decentralized markets. Its dual approach—offering high-performance trading tools while adhering to regulatory best practices—caters to hedge funds, family offices, and fintech firms increasingly allocating capital to digital assets.
Key Benefits of Perpetual Futures:
- No expiry dates allow for extended position holding
- Funding rate mechanisms keep contract prices aligned with spot values
- High leverage options (subject to risk management policies)
- Real-time pricing and deep order books enhance execution quality
What’s Next for CrossTower?
With the initial launch complete, CrossTower aims to scale its perpetual futures offerings across additional cryptocurrencies in the near term. The planned introduction of 20 new token pairs will diversify trading options and support emerging projects with strong fundamentals and liquidity profiles.
Additionally, the exchange may explore introducing features such as:
- Tiered margin systems
- Insurance funds to prevent auto-deleveraging
- Advanced charting and API integrations for algorithmic traders
- Educational resources for clients new to derivatives
These enhancements would further solidify CrossTower’s reputation as a forward-thinking exchange committed to user empowerment and technological excellence.
Frequently Asked Questions (FAQ)
Q: What are perpetual futures in crypto?
A: Perpetual futures are derivative contracts that allow traders to bet on cryptocurrency price movements without an expiration date. They use funding rates to stay pegged to the underlying asset’s spot price.
Q: Who can trade perpetual futures on CrossTower?
A: Initially, access is limited to qualified clients on CrossTower’s regulated, institutional-grade platform. Retail availability may expand in future phases.
Q: How do funding rates work in perpetual contracts?
A: Funding rates are periodic payments exchanged between long and short positions to ensure the contract price tracks the spot market. If most traders are long, shorts receive funding—and vice versa.
Q: Why are perpetual futures popular among crypto traders?
A: Their lack of expiry allows continuous market exposure, and they offer leverage, hedging capabilities, and efficient price discovery—making them ideal for active trading strategies.
Q: Is there counterparty risk when trading perpetuals?
A: On centralized exchanges like CrossTower, the platform acts as the counterparty and typically uses risk engines, margin requirements, and insurance funds to mitigate default risk.
Q: What cryptocurrencies will support perpetual futures on CrossTower?
A: The initial launch includes major assets like Bitcoin and Ethereum, with plans to add up to 20 top tokens in the coming weeks.
As the digital asset market continues to mature, innovations like perpetual futures play a crucial role in attracting sophisticated capital and enhancing market efficiency. With its latest launch, CrossTower reinforces its position as a leader in developing secure, scalable, and forward-looking financial products for the future of global finance.