Sep 28, 2026
Binance-owned CoinMarketCap acquired CoinGlass, a crypto derivatives data platform used by traders to monitor leverage, positioning and market risk. CoinGlass will continue operating independently with its brand, website, app, API and pricing unchanged.
Coinbase filed with the CFTC through Coinbase Derivatives to list single-stock perpetual futures in the US, seeking to bring the popular crypto instrument to individual equities including Apple, Tesla, and Nvidia.
Binance has expanded into the $9.6 trillion-a-day foreign exchange market by launching its first FX perpetual futures contract, offering round-the-clock trading of USD-Brazilian real pairs with up to 100x leverage, unlike traditional FX markets which operate on limited schedules.
Crypto.com's US-regulated derivatives exchange Nadex registered with the SEC to trade security futures products through its OG.com platform. The registration enables the company to offer single-stock perpetuals to US customers.
Payward, the parent company of cryptocurrency exchange Kraken, announced plans to bring onchain perpetual futures markets on Hyperliquid to eligible U.S. clients using regulated infrastructure. The offering would utilize CFTC-regulated Bitnomial for deployment, clearing and settlement, with NinjaTrader Clearing carrying customer accounts, making it the first U.S.-regulated venue to offer such products.
Celsius Network's bankruptcy estate filed suit against five BitMEX entities on September 12, seeking the return of 6,360.17 Bitcoin (worth approximately $495 million) over forced liquidations during the March 2020 market crash. The lawsuit comes just 11 days before BitMEX's scheduled permanent shutdown.
Federal prosecutors charged two Robinhood engineers, Hefu Chai and Huaisong Xiang, with commodities fraud and wire fraud for allegedly using confidential information about upcoming cryptocurrency listings to profit approximately $50,000 each through perpetual futures trades on the decentralized exchange Hyperliquid. The case extends traditional insider trading laws to decentralized crypto markets.
The Singapore Exchange (SGX) has obtained authorization from the U.S. Commodity Futures Trading Commission under Regulation 48.10 to offer bitcoin and ether perpetual futures to U.S. institutional investors. SGX reports cumulative trading volume of approximately 400,000 contracts and plans to launch dated futures and options within months.
Cryptocurrency platform Rocket has halted all deposits, withdrawals, and trading after an attacker exploited a dormant perpetual market to manipulate prices and withdraw approximately $287,000 in positive profit and loss from the platform's Bridge.
CFTC-regulated platform Kalshi expanded its cryptocurrency derivatives offerings on September 4 by launching perpetual futures contracts for BNB, Cardano, Worldcoin, Aave, and Venice Token, making these tokens available as regulated derivative products for eligible U.S. traders. The move comes as the CFTC asked a federal court to dismiss CME's challenge to Kalshi's Bitcoin perpetual contract.
The Commodity Futures Trading Commission asked a federal court to dismiss CME Group's lawsuit challenging the agency's approval of Kalshi's cryptocurrency perpetual futures, arguing CME has no standing to claim competitive injury since nothing prevents it from listing similar products.
Coinbase filed a registration notice with the SEC on September 2 seeking approval to offer perpetual futures contracts on stocks with 24/7 trading and leverage, without requiring ownership of underlying shares. The filing represents a major push to bring crypto-style derivatives to traditional equities.
Binance, the world's largest cryptocurrency exchange, has introduced physically settled options contracts tied to more than 1,000 US-listed stocks and exchange-traded funds through a partnership. Unlike traditional US brokers, Binance's options do not exercise automatically, requiring manual instruction from traders.
Thailand's Securities and Exchange Commission has proposed new rules that would permit licensed intermediaries to facilitate retail investor access to certain digital asset derivatives traded on overseas platforms. The proposal was announced on August 31, 2026.
The Hyperliquid Policy Center has submitted a formal request to the SEC and CFTC calling for harmonized classification standards for perpetual contracts based on economic structure rather than underlying asset type. The advocacy group argues that clearer, unified rules are needed as regulators consider how these derivatives products should be classified under US law.
Bitcoin climbed above $75,000 in late August 2026, marking its highest level since June, as falling Treasury yields and expectations of favorable crypto regulation triggered massive short liquidations exceeding $1 billion. The rally was amplified by President Trump urging Congress to pass crypto legislation and Treasury Secretary Scott Bessent's expanded bond buyback program.
XRP rallied nearly 40% over seven days to around $1.39, outperforming Bitcoin and Ethereum as trading volume on South Korea's Upbit exchange spiked 273% to $1.84 billion. The token became the most-traded asset on the platform amid broader crypto market strength.
Bitcoin rallied approximately 12% over two days to break $77,000 for the first time since June, driven by White House and crypto industry efforts to pass the Clarity Act and renewed regulatory optimism. The surge triggered a record $2.7 billion in short liquidations and turned Strategy's Bitcoin holdings from a $13 billion loss to a $1.4 billion unrealized gain.
Bitcoin rallied sharply from $64,000 to over $78,500 in late August 2026, driven by a US Treasury bond buyback program that pushed yields lower and triggered the largest cryptocurrency short squeeze since 2021, with over $3 billion in bearish positions liquidated within 48 hours.
President Trump announced at a White House crypto meeting that CFTC Chair Michael Selig is working to bring the offshore perpetuals platform Hyperliquid into the US legally, sending the HYPE token up more than 20% and sparking debate over regulatory pathways for decentralized exchanges.
Cboe BZX filed with the SEC requesting an exception to generic listing rules to list funds targeting three times the daily performance of Bitcoin and Ethereum. The products would be the first 3x crypto ETFs in the US if approved.
Chinese humanoid robot maker Unitree is preparing for its debut on the Shanghai Stock Exchange amid a flood of investor applications, with crypto derivatives traders on Hyperliquid pricing the stock near $93 with potential 4x upside.
Swiss banking giant UBS Group AG boosted its call option position tied to BlackRock's iShares Bitcoin Trust (IBIT) by more than 24-fold, reaching 1.95 million underlying shares as of June 30, while also increasing direct holdings by 12% to approximately $83-90 million. The move signals growing institutional demand for regulated Bitcoin exposure.
Goldman Sachs agreed to acquire NEOS Investments, manager of the $1.1 billion BTCI bitcoin synthetic ETF, in a cash-and-equity deal valuing NEOS at up to $2.25 billion. The acquisition gives Goldman three crypto options-income ETFs including bitcoin and ethereum products.
Coinbase announced the rollout of derivatives trading for professional investors in the UK, offering over 170 contracts across crypto, commodities, equities, and foreign exchange with leverage up to 50x. The launch is part of Coinbase's broader 'Everything Exchange' strategy to expand its derivatives offerings.
Coinbase has launched two major product expansions for UK users: 24/5 trading of nearly 4,000 U.S. stocks with zero commissions and fractional shares, plus over 170 crypto derivatives contracts with up to 50x leverage for professional investors.
JPMorgan analysts report that Hyperliquid ETF inflows, which were strong in May and June, have largely stalled in July and August as the cryptocurrency platform faces mounting pressure from newly approved U.S.-regulated perpetual futures trading platforms.
JPMorgan analysts report that Hyperliquid ETF inflows, which were strong in May and June, have largely stalled in July and August as the cryptocurrency platform faces mounting pressure from newly approved U.S.-regulated perpetual futures trading platforms.
Coinbase will consolidate its International Exchange institutional derivatives operations onto Deribit on September 9, 2026, following its $2.9 billion acquisition of the platform. The migration will force-settle existing positions and require clients to update APIs and close margin loans ahead of the transition.
The SEC has halted Nasdaq's approval of QBTC Bitcoin options to reconsider the decision after CME Group filed a legal challenge, arguing the approval process was flawed and gave Nasdaq an unfair competitive advantage.
Cryptocurrency exchange Bybit announced on July 31, 2026, that it will allow users to pledge six tokenized stocks (xStocks) as collateral across its margin trading, crypto loans, and institutional lending services. The tokenized equities include shares of Nvidia, Apple, Tesla, Robinhood, Circle, and Google.
CME Group CEO Terry Duffy highlighted potential tax implications stemming from an ongoing legal battle over whether perpetual futures contracts should be classified as swaps or futures, a distinction that could affect how the IRS taxes these popular crypto derivatives.
Traders using perpetual futures contracts—the dominant price discovery mechanism for bitcoin and ether—applied the same tools to value SpaceX as a private company, producing a more accurate valuation for what became the biggest IPO in history than traditional Wall Street estimates, though the stock subsequently diverged from their pricing.
Traders using perpetual futures contracts—the dominant price discovery mechanism for bitcoin and ether—applied the same tools to value SpaceX as a private company, producing a more accurate valuation for what became the biggest IPO in history than traditional Wall Street estimates, though the stock subsequently diverged from their pricing.
Sharp price swings in bitcoin and ether resulted in nearly $286 million in liquidations on July 30, 2026, even as both cryptocurrencies remained relatively flat over the 24-hour period, highlighting the impact of intraday volatility on leveraged positions.
Cryptocurrency derivatives exchange BitMEX was hit with a proposed class-action lawsuit accusing it of engineering customer liquidations to seize 623 bitcoin (approximately $60 million) on the same day the platform announced it would shut down after 11 years of operation.
Crypto derivatives exchange BitMEX announced it will cease operations on September 23, 2026, following a strategic review by parent company HDR Global Trading Limited. The platform, which pioneered 100x leverage perpetual swaps, has already halted new account registrations.
BitMEX, the pioneering cryptocurrency derivatives exchange that introduced 100x leverage perpetual swaps, announced it will permanently shut down on September 23, 2026, following a strategic review by parent company HDR Global Trading Limited. The platform has already halted new account registrations.
Monthly trading volumes for tokenized real-world asset (RWA) perpetual futures have grown more than fivefold to $470 billion, driven primarily by tokenized equity products. Public equities now represent 46% of the RWA perpetuals market with $2 billion in open interest, while Solana captures 95% of on-chain tokenized stock trading volume.
Institutional digital asset trading platform Talos has integrated with prediction market operator Kalshi, enabling hedge funds and market makers to access event contracts and crypto perpetuals through their existing trading infrastructure without separate connections.
Researchers at Stanford University and Singapore Management University found that Polymarket's five-minute Bitcoin prediction markets create incentives for traders to manipulate spot prices around settlement times, with evidence suggesting coordinated price manipulation.
Polymarket's affiliated entity filed with the National Futures Association on July 3 to offer margin trading in the US, though activation still requires CFTC approval. The move would allow users to open positions with a fraction of capital required upfront.
Robinhood launched the public mainnet of Robinhood Chain, its Layer 2 blockchain, alongside new products including 24/7 tokenized stock trading, perpetual futures, onchain lending, and planned agentic crypto trading capabilities.
Cboe Global Markets debuted binary option contracts on the Mini-S&P 500 Index through Interactive Brokers, offering retail traders a regulated prediction market product fully backed by OCC clearing and standard US options regulation.
The CFTC and SEC issued a joint request for comment on clarifying definitions of 'swaps' and 'security-based swaps,' including for perpetual futures and event contracts, the same day CME Group announced plans to sue the CFTC over approval of perpetual futures for Kalshi and Coinbase.
BlackRock has filed what appears to be the final amendment with the SEC for its iShares Bitcoin Premium Income ETF (BITA), a covered-call product charging 65 basis points that will trade on Nasdaq. The launch sets up a race with Goldman Sachs to bring the first major yield-paying Bitcoin ETF to market.
The UK's Financial Conduct Authority has listed Hyperliquid and Hyper Foundation as unauthorized firms, while CME's chief warned that crypto perpetuals could be a 'disaster waiting to happen,' highlighting growing regulatory concerns about the platform amid its Wall Street expansion.
Coinbase unveiled a new product allowing eligible non-U.S. users to trade perpetual futures contracts tied to pre-IPO companies. SpaceX is the first offering, with contracts tracking the company ahead of its planned $75 billion IPO.
Prediction market platform Kalshi launched the first CFTC-regulated Bitcoin perpetual futures in the U.S. and applied for altcoin derivatives, while former congressman George Santos faces federal investigation for allegedly betting against his own attendance at a State of the Union address on the platform.
ICE CEO Jeffrey Sprecher disclosed at the Bernstein conference that the NYSE parent company held multiple discussions with Hyperliquid to evaluate the on-chain perpetual futures market, describing it as larger than Nasdaq and seeking a 'level playing field' for the space.
The Commodity Futures Trading Commission approved the first bitcoin perpetual futures contracts on U.S. regulated exchanges, with Kalshi and Coinbase Financial Markets receiving clearance to offer these products domestically. The landmark approval opens a product class that American traders have long accessed only through offshore platforms.
Ripple's institutional lending arm Ripple Prime closed a $200 million debt facility from asset manager Neuberger Berman to scale its crypto lending operations and launch margin trading services for institutional clients.
Despite Bitcoin's 20% price surge in April, CryptoQuant analysis indicates the rally was driven by speculative perpetual futures demand while spot market demand remained weak, warning of potential correction risk ahead.
Crypto exchange Gemini obtained a DCO license from the CFTC, allowing it to act as an in-house clearinghouse for derivatives and prediction markets, positioning it to compete with Kalshi and Polymarket.
Coinbase filed with the CFTC to activate Trade at Settlement for XRP futures on May 1, allowing institutions to execute large block orders at the official closing price. XRP joins Bitcoin, Ethereum, gold, and crude oil in having this institutional trading feature.
CFTC Chairman Michael Selig faced intense bipartisan questioning from House lawmakers over the agency's approach to prediction markets, sports betting contracts, and oversight of crypto derivatives platform Hyperliquid amid staffing concerns.
Australia's Federal Court fined Binance Australia Derivatives $6.9 million after the exchange misclassified 524 retail clients as wholesale investors, exposing them to high-risk crypto derivatives without required protections. The penalty follows Binance's admission that the clients lost $6 million trading these products.