As the global digital currency market continues to heat up, the financial market is ushering in a profound change. In 2025, the Beige Book Economic Survey released by the Federal Reserve on April 23 showed that prices in some regions rose, and economic activities slowed down due to the adjustment of US government policies. At the same time, China's digital RMB has achieved remarkable results in the field of cross-border payments. On October 19, 2023, the Shanghai Petroleum and Natural Gas Exchange announced that PetroChina International had used digital RMB to settle 1 million barrels of cross-border crude oil transactions, realizing the first application in this field. Bank of China also joined hands with First Abu Dhabi Bank to explore its application in cross-border payments, injecting new vitality into the global financial system.

The advantages of dual innovation are highlighted, redefining the rules of crypto trading.

Against this background, the XBIT decentralized exchange platform has keenly captured market opportunities and took the lead in launching a digital RMB perpetual contract product. The launch of this product fills the gap in the application scenarios of national central bank digital currency (CBDC) in the field of decentralized finance (DeFi).

The digital RMB perpetual contract product launched by the platform has many significant advantages. It supports users to use digital RMB for perpetual contract transactions, allowing users to enjoy the advantages of low fees, high transparency and high leverage of decentralized exchanges. According to the official data of the platform, the transaction volume of the product exceeded US$500 million on the first day of its launch, and the open interest (OI) reached US$120 million. Such strong market demand fully demonstrates the high recognition of investors.

For investors, low fees mean that a lot of costs can be saved during the transaction process and investment returns can be increased. High transparency allows investors to clearly understand all aspects of the transaction and reduce the risks brought by information asymmetry. High leverage provides investors with more investment opportunities and can obtain higher returns in market fluctuations. At the same time, as a national central bank digital currency, the stability and security of the digital RMB also provides solid guarantees for transactions.

Technology integration empowers and opens a new chapter of financial innovation.

XBIT's digital RMB perpetual contract product is not only a manifestation of technological innovation, but also a symbol of the deep integration of national central bank digital currency and decentralized finance.

The product uses advanced smart contract technology to achieve a decentralized, zero-trust trading model. In traditional exchanges, the existence of intermediaries not only increases transaction costs, but also may pose trust risks. The platform's smart contract technology eliminates these intermediaries, allowing both parties to trade directly, improving fund security and transparency. Each transaction is automatically executed through a smart contract, ensuring the fairness and immutability of the transaction.

In addition, XBIT is also actively cooperating with the Bank of China to jointly explore the application of digital RMB in the DeFi field. The participation of the Bank of China provides strong support for the promotion and development of the product. The cooperation between the two parties not only promotes the popularization of digital RMB in the global financial market, but also brings new opportunities for the development of the DeFi field. Through cooperation with banks, the platform can better integrate resources, improve the stability and security of products, and provide users with better financial services.

Multiple protections build a solid security line, and technological innovation drives efficient transactions.

In order to ensure the stable operation of digital RMB perpetual contract products and the safety of user assets, XBIT has invested a lot of energy in technological innovation and security.

In terms of technological innovation, the platform adopts advanced distributed ledger technology to ensure real-time update and sharing of transaction data. At the same time, the platform also uses high-performance computing technology and optimized algorithms to improve transaction processing speed and efficiency. In addition, the platform continues to strengthen cooperation with other blockchain projects, expand the technology ecosystem, and provide users with richer financial services.

In terms of security, XBIT has established a multi-level security protection system. From the security authentication of user accounts to the encrypted transmission of the transaction process, to the security protection of the platform server, every link has been strictly designed and tested. The platform adopts technical means such as multi-signature and hot and cold wallet separation to ensure the security of users' digital assets. At the same time, it has set up a professional security team to monitor the operation of the platform in real time and promptly discover and deal with potential security risks.

The market is enthusiastic and investors are full of confidence.

The launch of the digital RMB perpetual contract product has caused a strong response in the market. Many investors have flocked to the platform to participate in digital RMB perpetual contract transactions. Some senior investors said that the platform's products provide them with a new investment channel, allowing them to better grasp market opportunities.

An investor from the United States said: "I have been paying attention to the development of the digital currency market. The digital RMB perpetual contract product of this platform has given me new investment hope. I am very satisfied with its low handling fees and high transparency. I believe that more investors will join this market in the future."

In addition to individual investors, some institutional investors have also shown great interest in XBIT's products. They believe that the integration of digital RMB and decentralized finance is the developing trend of the future financial market. As a pioneer in this field, XBIT has great development potential.

Looking forward to the future blueprint, leading the new era of DeFi

With the widespread application of digital RMB in cross-border payments and decentralized finance, XBIT will continue to promote the deep integration of digital RMB and DeFi, and build the world's leading digital RMB decentralized trading platform.

In the future, the platform plans to launch more financial derivatives based on digital RMB, such as options, ETFs, etc., to meet the diversified investment needs of global investors. These new financial products will further enrich the investment varieties of the market and increase the market's activity and liquidity.

At the same time, it will deepen cooperation with major financial institutions and technology companies around the world to jointly explore the application of digital RMB in more fields. Through cooperation with all parties, the platform can integrate more resources and enhance its competitiveness and influence.

In addition, XBIT will continue to strengthen technology research and development and innovation to improve the performance and security of the platform. With the continuous development of blockchain technology, it will keep up with the technological trend and provide users with more advanced and convenient financial services.

Conclusion

Against the background of the continued warming of the global digital currency market, the digital RMB perpetual contract product launched by XBIT is of great significance. It not only fills the gap in the DeFi field in the application scenarios of national central bank digital currencies, but also promotes the deep integration of digital RMB and decentralized finance. The strong market demand and good market response of the product fully demonstrate the high recognition of investors.

Looking to the future, continuing to give play to its own advantages and continuous innovation and development will vigorously promote the widespread application of digital RMB in the DeFi field. As the influence of digital RMB on the global financial market continues to increase, we have reason to believe that digital RMB will become an important part of the global financial system and lead decentralized finance into a new era. Investors will also get more investment returns in this market full of opportunities and witness the changes and development of the financial market together.