BitMEX is rewriting the rules of stock trading with the introduction of Equity Perps, a groundbreaking feature that merges cryptocurrency with traditional equity markets. Announced on January 6, 2025, this innovation offers traders the ability to gain exposure to US stocks and equity indices 24/7, removing the dependence on conventional brokerage systems.
What Are Equity Perps?
Equity Perps are cash-settled perpetual swap contracts that allow traders to speculate on the performance of individual US stocks and equity indices. These contracts come without an expiry date and rely on a funding rate mechanism to mirror the underlying reference index. Traders can take both long and short positions with a leverage of up to 20x, making it a flexible option for diverse strategies.
Why Equity Perps Are Game-Changing
One of the standout features is the 24/7 trading availability. Prices during US stock market hours are determined in real-time, while prices outside regular hours are maintained through tokenized spot prices. This unique structure ensures seamless trading, even when traditional markets are closed.
At launch, Equity Perps cover a range of leading US stocks and indices like Amazon, Apple, Nvidia, Meta, and the S&P 500. As the product evolves, BitMEX plans to broaden its offerings to include additional equities, providing even more opportunities for traders globally.
Trade Crypto-to-Stocks Like Never Before
To make this product even more attractive, margin collateral for Equity Perps can be posted in cryptocurrencies like Bitcoin or Tether, eliminating the need for fiat currencies. This feature underscores BitMEX’s commitment to integrating the world of crypto with traditional financial instruments.
Exclusive Promotions and Features
To celebrate the launch, BitMEX is offering a 70,000 USDT prize pool for eligible traders in the Equity Perps category. Additionally, all contracts in this category feature a maker rebate of 2.5 basis points and a taker fee of 7.5 basis points. These perks make it an excellent time to explore this innovative trading tool.
For traders unfamiliar with swaps and derivatives, BitMEX provides comprehensive educational resources, including product guides and tutorials, to simplify onboarding.
The Future of Hybrid Finance
With the launch of Equity Perps, BitMEX demonstrates its dedication to bringing innovation and flexibility to global markets. According to BitMEX CEO Stephan Lutz, “This new product bridges the gap between cryptocurrencies and traditional stock markets, giving traders unmatched access and flexibility.” By offering 24/7 trading, reliable performance, and opportunities to use crypto collateral, BitMEX is setting a new benchmark in hybrid finance.
Ready to dive into equity trading with a crypto twist? Learn more about Equity Perps on the official BitMEX website.
