Coinspeaker
Nov 17, 2025
10 0

SGX to Launch Asia’s First Crypto Perpetual Futures Nov 24

2 min

Singapore Exchange Derivatives will introduce Bitcoin and Ethereum perpetual futures on Nov. 24, becoming the first major Asian exchange to offer these products.

  • The contracts are available to institutional, accredited, and expert investors under Singapore's regulations.
  • Benchmarked to iEdge CoinDesk Crypto Indices, they allow continuous trading without expiry dates.
  • Contract Details:
    • Bitcoin: Sized at 0.2 BTC, minimum price fluctuation of $1.
    • Ethereum: Sized at 5 ETH, same tick value as Bitcoin.
  • Utilizes a funding rate mechanism capped at ±35 basis points to ensure stability.
  • Trading sessions occur in Singapore time:
    • T session: 7:05 a.m. to 4:00 p.m.
    • T+1 session: 4:05 p.m. to 5:15 a.m. the following day.
  • Access is limited to participants with net personal assets over S$2 million or annual income over S$300,000, including institutional entities and expert investors.

The launch aligns with Singapore's broader tokenization efforts and regulated digital asset infrastructure initiatives by the Monetary Authority of Singapore (MAS).

Market Context

  • Perpetual futures account for over $187 billion in daily global trading volume, mostly on unregulated platforms.
  • SGX follows similar products by Bitnomial Exchange and Coinbase Derivatives in the US, and One Trading in the EU.
  • This is the first opportunity for Asian institutional investors to access exchange-cleared perpetual futures for Bitcoin and Ethereum within a regulated venue.