Key Highlights

Crypto.com, a global cryptocurrency platform, and OG.com, a real-time event and prediction market platform, announced on October 27 the launch of crypto perpetual contracts for eligible U.S. traders. The products are available through OG.com’s distribution partners, including the Crypto.com App for retail users and the Crypto.com Exchange for institutional users. Crypto.com registered as an Introducing Broker with the National Futures Association to facilitate the offering.

According to the official announcement, the contracts are continuous and non-expiring. They are offered within a CFTC-regulated structure involving OG.com, which operates a designated contract market, derivatives clearing organization, and futures commission merchant connected to the Crypto.com Introducing Broker. Trading interfaces are available on both the Crypto.com App and Exchange.

The rollout began on the announcement date across the Crypto.com App and Exchange. Users can access the contracts through the existing Crypto.com platforms. The arrangement places the products under the oversight of CFTC-registered entities operated by OG.com.

Other developments in U.S. crypto perpetual futures 

The launch follows other developments in regulated crypto perpetual futures for U.S. customers. On September 29, Robinhood Markets announced at its HOOD Summit 2026 event that eligible U.S. customers would be able to trade crypto perpetual futures inside the Robinhood app in the coming months. 

The initial contracts were planned to track Bitcoin, Ether, Solana’s SOL, XRP, Dogecoin, Cardano’s ADA, Chainlink’s LINK and Hyperliquid’s HYPE. Retail traders in the United States had previously accessed similar products mainly through offshore platforms operating outside federal oversight.

Coinbase also obtained regulatory approval to offer crypto perpetual futures to U.S. customers. Coinbase CEO Brian Armstrong described the approval as the result of extended policy discussions and regulatory engagement. He noted that derivatives trading activity had shifted offshore in prior years because of restrictions on perpetual contracts in the United States.

CFTC perspective on Perpetual Futures

In June, CFTC Chair Mike Selig addressed questions surrounding cryptocurrency perpetual futures. In a detailed public statement, Selig stated that neither the Commodity Exchange Act nor CFTC regulations require a fixed expiration or delivery date for futures contracts. He said the legal interpretation of futures contracts has developed through court decisions and long-standing Commission views that do not mandate expiration dates.

Selig also addressed leverage levels, noting that extreme leverage observed on some offshore platforms is not a feature of contracts listed on CFTC-regulated venues. Those venues remain subject to the same leverage and margin requirements that apply to other regulated U.S. futures. 

He pointed to an April 2025 Request for Comment on perpetual contracts and 24/7 trading that received more than 100 public comments before approvals proceeded. On funding rates, Selig said the costs of maintaining positions through funding payments are broadly comparable to the costs of repeatedly rolling traditional expiring futures contracts, and that funding rates help keep perpetual prices aligned with the underlying spot market.

The Crypto.com and OG.com offering adds another regulated channel for U.S. traders to access continuous crypto perpetual contracts. Availability is limited to eligible users and is subject to the rules of the CFTC-registered entities involved.

Also Read: VanEck Launches Multi-Asset ETF With 2% Bitcoin Target Allocation

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