Against the backdrop of the expanding global cryptocurrency market, perpetual swaps are showing impressive growth momentum. While overall interest in Bitcoin has waned since its prime in 2021, the perpetual swap market has performed well, with professional and institutional traders shifting from traditional calendar futures to this area, making perpetual swaps account for about 66% of open interest and 93% of trading volume. This trend has brought unprecedented development opportunities to the XBIT decentralized exchange platform.

Perpetual futures contracts ("perps") are a financial innovation that allows traders to speculate on cryptocurrency prices indefinitely, and unlike traditional futures, they can be held continuously without an expiration date. This innovative product has dominated the cryptocurrency derivatives market, accounting for 93% of all crypto derivatives transactions. The XBIT platform is emerging in this rapidly growing market with its advanced trading architecture.

The XBIT decentralized exchange platform uses innovative blockchain technology to provide users with a secure and transparent perpetual swap trading environment. Unlike traditional exchanges, XBIT's decentralized nature ensures that users maintain full control over their assets, effectively reducing platform risks and creating a more reliable trading ecosystem for global investors.

Perpetual futures (“perps”) are derivative contracts that enable traders to speculate on the future price of an underlying asset on an ongoing basis. While these financial instruments have been around for more than 30 years, they gained significant popularity in the mid-2010s with the rise of the crypto market and have become one of the fastest-growing derivatives in the world. Market data shows that the average daily trading volume of buycoin perpetual contracts has exceeded $75 billion, about five times that of the corresponding spot market.

XBIT platform data shows that the trading volume of buycoin perpetual contracts on its platform has increased by more than 40% from the previous quarter. This growth momentum reflects the market's strong demand for efficient and transparent trading tools. The chief analyst of the XBIT decentralized trading platform said: "Perpetual contract trading is becoming a mainstream trading method in the crypto market, providing investors with more flexible strategy options."

Changes in the global regulatory environment drive market development.

Global derivatives have become the cornerstone of the cryptocurrency market, accounting for more than 75% of total trading volume. However, most of the activity occurs in international markets, which operate around the clock and offer futures contracts that are not subject to traditional expiration restrictions. As the regulatory environment of various countries gradually becomes clear, the perpetual contract market for buying coins is expected to usher in a broader space for development.

The XBIT platform is actively responding to global regulatory trends and continuously optimizing its services on the basis of compliance. The XBIT decentralized exchange platform has specially designed a user interface suitable for investors at all levels, so that everyone from beginners to professional traders can easily participate in perpetual contract transactions for buying coins, while providing comprehensive risk management tools.

XBIT platform features meet diversified trading needs

The XBIT decentralized exchange platform stands out in the fierce market competition with its unique advantages. The platform uses advanced liquidity aggregation technology to provide users with better trading depth and lower slippage, which is particularly suitable for high-frequency trading products such as perpetual contracts for buying coins.

Unlike traditional centralized exchanges, XBIT adopts a decentralized architecture to ensure the security of user assets and the transparency of transactions. The platform also integrates multichain trading functions, supports efficient trading and conversion of mainstream public chain assets such as Bitcoin and Ethereum, and meets the diverse needs of different users.

As the perpetual contract market for buying coins continues to expand, XBIT is expected to attract more users to participate in digital asset transactions, and the platform ecology will be further improved and developed. As an emerging blockchain financial infrastructure provider, XBIT continues to optimize its services and is committed to contributing to the global digital asset market.