Bybit has launched new perpetual contracts for BRKBUSDT, PYPLUSDT, and MAUSDT, according to a recent announcement by the exchange on X (Twitter) (source).

Contract Details

The three new perpetual contracts — BRKBUSDT, PYPLUSDT, and MAUSDT — are now live on the platform. BRKBUSDT is described as a perpetual contract linked to the traditional finance (TradFi) sector, designed for traders seeking exposure to both cryptocurrency and traditional asset price movements. Perpetual contracts, unlike traditional futures, have no expiration date and have become one of the most heavily traded derivative instruments in crypto markets. Specific trading volumes for the newly listed contracts have not yet been reported.

Bybit stated that the launch reflects its ongoing efforts to expand its derivatives offerings and provide users with a broader range of trading instruments. The listing adds to Bybit's existing suite of perpetual products and comes as major exchanges compete to differentiate their derivatives catalogs with both crypto-native and non-crypto underlyings.

Bybit's Market Position

Bybit is a globally operating cryptocurrency exchange that offers a variety of trading products, including spot trading, derivatives, and perpetual contracts, serving both retail and institutional users. The platform's jurisdiction allows it to provide services to a worldwide user base.

The exchange's latest listing of BRKBUSDT, PYPLUSDT, and MAUSDT perpetual contracts comes amid growing interest in TradFi-linked perpetual contracts within the cryptocurrency trading community. This trend aligns with a broader convergence between digital asset platforms and traditional financial markets, where exchanges have increasingly listed instruments tied to stocks, indices, and commodities alongside crypto-native products. The original announcement was published by Coinfomania.