SGX Bitcoin and Ethereum Perpetual Futures Debut Strong
SGX Derivatives’ Bitcoin (BTC) and Ether (ETH) perpetual futures launched on Monday with strong activity, reflecting growing institutional demand for regulated crypto derivatives.
Trading saw nearly 2,000 lots exchanged, representing around $35 million in notional value, while open interest closed at 58 lots, or roughly $1 million, according to SGX. The session featured tight bid-ask spreads and stable funding rates at 3 basis points, signaling healthy liquidity from the outset.
The launch was supported by eight major clearing members — Bright Point International, Guotai Junan Futures, KGI Securities, Marex, Nanhua Singapore, Orient Futures, Phillip Nova, and StoneX Financial — strengthening Singapore’s position as a regional hub for digital asset trading.
Perpetual futures allow traders to speculate without an expiration date, offering continuous funding, leverage, and price discovery. Anchored by Singapore’s AAA credit rating and strong risk controls, SGX provides a secure, institutional-grade avenue bridging traditional finance with crypto.
The debut underscores the maturation of institutional crypto trading, creating a trusted pathway for professional investors in Asia and beyond.
