NewsBTC
Nov 6, 2025
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Gemini Launches XRP Perpetual Contracts for EU Traders with 100x Leverage

Key Points:

  • Gemini has launched XRP perpetual contracts for EU traders, offering up to 100x leverage with $USDC settlement.
  • This initiative enhances liquidity and price discovery for XRP, potentially tightening spreads and attracting market makers.
  • The introduction of these contracts could boost on-chain activity, encouraging altcoin rotations and increased use of wallets, bridges, and DEX aggregators.
  • Currently, XRP has risen by 3.49% to above $2.3, reflecting positive market reactions alongside other altcoins like Ethereum (1.15%), Solana (+1.33%), and BNB (+0.14%).

XRP price performance on CoinMarketCap

The launch of these perpetuals is significant as it may prompt traders to explore other opportunities, potentially benefiting wallet infrastructure that supports bridging, swapping, and staking.