According to the data from the Coin World Network, cryptocurrency perpetual contracts have become the absolute main force in the digital asset derivatives market, currently accounting for 93% of all crypto derivatives transactions. The trading volume of the top ten centralized perpetual contract exchanges in 2024 reached 58.5 trillion US dollars, more than doubled from 2023. At the same time, the trading volume of decentralized perpetual contract exchanges also exceeded 1.5 trillion US dollars, a year-on-year increase of 138.1%, demonstrating the strong growth momentum of the marketSingapore Exchange and Kraken lead innovationAccording to the data reported by Coin World Network, traditional financial institutions are accelerating their entry into the cryptocurrency perpetual contract market. Singapore Exchange (SGX) has announced that it will launch a Bitcoin perpetual futures contract in the second half of 2025, designed for institutional clients and professional investors. This move marks an important expansion of traditional exchanges into the crypto derivatives market, reflecting the growing interest of institutions in digital assets driven by the pro-crypto policy in the United States.Meanwhile, cryptocurrency exchange Kraken launched forex perpetual futures on April 18, extending the concept of perpetual contracts to the traditional foreign exchange market. The first batch of EUR/USD and GBP/USD contracts launched can be traded 24/7 on the Kraken Pro platform, breaking the time constraints of the traditional foreign exchange market.XBIT decentralized trading platform pays close attention to these market innovations and continuously optimizes its product line to provide users with a variety of perpetual contract trading options. As a pioneer in decentralized trading, XBIT is committed to combining the mature experience of traditional finance with the innovative advantages of blockchain technology to create a more convenient and secure trading experience for useThe US market may be open to perpetual contractsCoin World monitoring shows that despite the popularity of cryptocurrency perpetual contracts worldwide, this product is currently closed to US investors. However, as the Trump administration pursues a pro-crypto policy, the industry generally expects that this situation may change soon. In April this year, Trump signed a bill to cancel the crypto broker definition rules expanded by the IRS in the Biden era, which originally included decentralized cryptocurrency exchanges in the scope.This policy shift is seen as a prelude to the possible opening of the United States to perpetual futures contracts. If realized, it will bring more liquidity and participants to the global cryptocurrency perpetual contract market, driving the market further development.According to the data of Coin World, the trading activity and user participation in the cryptocurrency perpetual contract market have increased significantly against the backdrop of the improvement of the US policy environment. As a global decentralized exchange, XBIT provides users with a variety of risk management tools to help them effectively control risks while seizing market opportunitiesBlackRock leads institutional entryThe latest report from Coin World shows that the participation of large financial institutions such as BlackRock has brought new growth momentum to the cryptocurrency perpetual contract market. BlackRock's BUIDL fund, issued on the Ethereum blockchain, has become the largest tokenized RWA with an asset size of US$1 billion.Larry Fink, CEO of BlackRock, said: "We believe the next step will be the tokenization of financial assets, which means that every stock and every bond will have its own underlying identity. It will serve every investor on a general ledger, allowing us to customize strategies for each individual through tokenization."With the increase in institutional participation, the professionalization and standardization of the cryptocurrency perpetual contract market will be further enhanced, laying the foundation for long-term and stable development. As an innovative trading platform, XBIT will continue to improve its infrastructure and service system to meet the needs of different types of investors