perpetual

According to the official announcement, Bitget has launched the U-based ESP perpetual contract, with a leverage range of 1-20 times. The contract trading BOT will be opened simultaneously.

The Solana ecosystem's one-stop trading platform Bullet has announced that perpetual contract trading has gone live on the mainnet, with an underlying architecture designed for trading that can handle up to 30,000 orders per second, with latency as low as 1 millisecond.Currently, Bullet has launched a restricted access mainnet, and users who want to participate early need an access invitation code, which can be obtained by contacting team members. All waitlisted users will also have their access gradually opened in batches, with the first batch of users added to the whitelist today. It is reported that Bullet offers derivatives, spot, and lending products on the same platform, achieving a "trinity" one-stop service.

According to the official announcement, Bitget has launched the U-based AZTEC perpetual contract, with a leverage range of 1-20 times. The contract trading BOT will be opened simultaneously.

OKX will officially convert the ESP/USDT pre-trading contract to a standard perpetual contract on February 12, 2026, from 21:00 to 24:00. The contract underlying is ESP/USDT, the settlement currency is USDT, the maximum leverage is 20 times, and the trading hours are 7×24. For more details, please check the platform announcement.

Coinbase International and Coinbase Advanced have launched the full trading mode for the AZTEC-PERP perpetual contract market, supporting order types such as limit, market, stop, and stop-limit orders.

OKX will officially convert the AZTEC/USDT pre-trading contract to a standard perpetual contract on February 12, 2026, from 16:00 to 19:00. The contract underlying is AZTEC/USDT, with a leverage range of 0.01 to 20 times, and trading hours are 7×24. For specific contract rules, please refer to the platform announcement.

Binance Futures will convert the pre-trading of the AZTECUSDT perpetual contract to the standard AZTECUSDT U-margined perpetual contract on February 12, 2026, at 15:00. The transition period may last up to 3 hours, during which trading functions will not be affected, and unfilled orders and positions will not be canceled.

According to CoinDesk, the perpetual preferred stock STRC issued by Strategy has re-entered the $100 par value during U.S. trading hours on Wednesday, marking the first time since mid-January.This price level is a critical threshold for the company to initiate a market price issuance to further increase its Bitcoin holdings. STRC reached $100 on January 16, when Bitcoin was around $97,000. On February 5, when Bitcoin fell to $60,000, STRC briefly dipped to $93, but has recently recovered its par value with the market rebound. This product employs a monthly dividend reset mechanism, with a current annualized dividend yield of 11.25%, aimed at smoothing volatility and incentivizing the trading price to approach par value.

According to Bloomberg, Strategy CEO Phong Le stated in an interview that the company will issue more perpetual preferred shares to alleviate investor concerns about the volatility of its stock price. Le mentioned that the company provides investors with a tool through the issuance of perpetual preferred shares (product name "Stretch") that offers "exposure to digital capital while avoiding volatility risk."The product has a monthly reset dividend yield, currently at 11.25%, aimed at stabilizing its trading price around the $100 par value. So far, preferred shares have made up a small portion of Strategy's financing. The company has sold approximately $370 million in common stock and $7 million in perpetual preferred shares to fund its recent Bitcoin purchases over the past three weeks.Le's statement aligns with the previous public remarks of Executive Chairman Michael Saylor. Saylor stated in an interview with CNBC on Tuesday that concerns about the market forcing the company to sell its holdings due to Bitcoin's decline are "unfounded," and reiterated the company's plan to "continue buying Bitcoin every quarter."

According to reports, Byreal co-founder Emily Bao shared Byreal's three core strategies for 2026 at the Solana Accelerate APAC event held today in Hong Kong. The event took place during Consensus Hong Kong.Emily stated that Byreal will advance upgrades in 2026 around the following areas:Infrastructure: Byreal plans to launch an automated LP mechanism and AI-assisted LP strategies, including AutoSwap single asset entry, atomic execution, automatic calculation of optimal ratios, and Automated LP & Copy Farming, achieving automatic rebalancing and yield reinvestment to reduce the complexity of liquidity provision operations and provide users with AI intelligent LP strategies.Liquidity Mechanism: Byreal will introduce the Prop AMM strategy, adopting a structure of "protocol-first liquidity management + dynamic fee model" to increase rates on arbitrage flows and gradually open up market-making to participants, optimizing LP yield structure and trade execution quality.On-chain Trading of Traditional Financial Assets: Byreal will launch on-chain perpetual contracts within this year, supporting 24/7 trading of RWA and on-chain asset perpetual contracts, and integrating prediction market data as an on-chain signal layer to build a unified execution architecture.Byreal is a decentralized on-chain trading platform (DEX) incubated by Bybit, which has rapidly become one of the most notable DEXs in the Solana ecosystem since its launch in mid-2025.Emily stated that this upgrade aims to build the underlying infrastructure for Internet Capital Markets, reshaping on-chain liquidity and trading experience.

OKX will launch pre-market trading for AZTEC/USDT on February 11, 2026, at 18:30. The contract type is perpetual, and the supported leverage is from 0.01 to 5 times. Users can deposit USDT balances to prepare for AZTEC/USDT pre-market trading.

The Chief Executive Officer of the Hong Kong Securities and Futures Commission (SFC), Ashley Alder, stated at the Consensus Hong Kong conference that the regulatory body will release a "high-level framework" allowing licensed trading platforms to offer perpetual contract products. Alder pointed out that these products will initially be open only to institutional investors and not to retail customers.The relevant framework will focus on risk management, requiring platforms to have robust risk control capabilities and ensuring that trading mechanisms are fair to clients. In addition, the Hong Kong SFC will also allow brokers to provide financing services to clients with good credit standing, with collateral including securities and virtual assets. Given the high volatility of virtual assets, initially only Bitcoin (BTC) and Ethereum (ETH) will be eligible as collateral.In terms of market-making activities, if platforms engage in related services, they must establish independent market-making departments and implement strict conflict of interest management mechanisms. Alder stated that these measures continue the SFC's roadmap to promote the development of the local crypto market by 2025, aiming to allow compliant institutions to offer a wider range of products and services.

According to on-site reports from Foresight News, the Chief Executive Officer of the Hong Kong Securities and Futures Commission (SFC), Ashley Alder, stated at the Consensus 2026 conference that the SFC is committed to establishing a comprehensive regulatory ecosystem for virtual assets and announced three new initiatives:Guaranteed Financing: Allow brokers to provide financing services to clients with good credit backgrounds, with collateral that may include securities and virtual assets. Initially, this will only be open to Bitcoin and Ethereum, and a prudent haircut will be required in accordance with traditional financial standards.Perpetual Contracts: A high-level regulatory framework will be announced, allowing licensed platforms to offer perpetual contract products. This service is currently limited to "professional investors" and requires platforms to have extremely high transparency and the ability to manage volatility fees and automatic liquidation risks.Associated Market Makers: Regulations will be relaxed to allow licensed platforms to provide liquidity through their affiliated market-making units, provided they can demonstrate functional independence and strict management of conflicts of interest.Alder pointed out that tokenized assets have developed rapidly over the past year, with the asset management scale of tokenized gold reaching $400 million, doubling in the past six months. Currently, the SFC has authorized 11 tokenized money market funds. In addition, Project Ensemble is piloting the use of tokenized deposit settlement money market funds. Regarding the regulatory roadmap, the SFC has published a consultation summary on virtual asset trading and custody and plans to collaborate with the SAR government to submit relevant legislative proposals within this year.

The Binance Futures platform will launch pre-trading for the AZTECUSDT perpetual contract on February 11, 2026, at 12:30, with a maximum leverage of up to 5 times.

OKX will launch ESP/USDT pre-market trading on February 11, 2026, at 00:00. The contract type is perpetual contract, and the leverage range is from 0.01 to 5 times. Users can deposit USDT balance to prepare for ESP/USDT pre-market trading.

According to the official announcement, Bybit has launched ESP (Espresso) pre-market trading, with a maximum leverage of 10x. The trading start time is February 10, 2026, at 18:10 (UTC+8).

According to the official announcement, Binance will launch pre-trading for the ESP USDT perpetual contract.

According to the tracking data from the Web3 asset data platform RootData X, in the past 7 days, the perpetual contract DEX aggregator Vooi has been the project with the most unfollows by top figures on X (Twitter). The new influential figures who unfollowed this project include Australian lion brother BroLeon (@BroLeon), crypto KOL Yuyue (@yuyue_chris), and airdrop blogger Hebi (@hebi555).In addition, the projects with the most unfollows by top figures on X also include Bybit, Axiom, and Pangolin.

According to the official announcement, Bitget has launched the U-based TRIA perpetual contract, with a leverage range of 1-20 times. The contract trading BOT will also be opened simultaneously.

The Binance Futures platform will launch the TRIAUSDT perpetual contract on February 6, 2026, at 20:15, with a maximum leverage of up to 50 times. This contract will support a multi-asset model, allowing users to use assets other than USDT as margin for trading.