Close Menu
maincoin.money
    What's Hot

    CleanSpark Stock Jumps 13% Following Bitcoin Miner’s AI Growth Strategy

    October 20, 2025

    CleanSpark Stock Soars 13% Following Bitcoin Miner’s AI Growth Initiative

    October 20, 2025

    Bitcoin ETFs experience $1.2 billion withdrawal despite a potential $600 billion influx on the horizon.

    October 20, 2025
    Facebook X (Twitter) Instagram
    maincoin.money
    • Home
    • Altcoins
    • Markets
    • Bitcoin
    • Blockchain
    • DeFi
    • Ethereum
    • NFTs
      • Regulation
    Facebook X (Twitter) Instagram
    maincoin.money
    Home»Regulation»LMAX Introduces Bitcoin and Ether Futures for Institutional Investors
    Regulation

    LMAX Introduces Bitcoin and Ether Futures for Institutional Investors

    Ethan CarterBy Ethan CarterSeptember 17, 2025No Comments3 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    1758096579
    Share
    Facebook Twitter LinkedIn Pinterest Email

    The fintech firm LMAX Group, based in London, has ventured into the leveraged crypto derivatives market by launching perpetual futures contracts linked to Bitcoin and Ether, targeting institutional investors.

    The exchange reports an average daily spot volume exceeding $40 billion across FX and digital assets, stating that this initiative was spurred by client demands for high-leverage crypto market access, as detailed in a Wednesday Bloomberg article.

    “Perpetual futures have become the dominant product in the crypto sector for the past three to four years,” stated LMAX CEO David Mercer. “Our institutional clients, including leading proprietary trading firms and brokers, are in search of such exposure,” he added.

    Perpetuals are financial derivatives that operate similarly to traditional futures contracts but with no expiration date. LMAX’s offering provides leverage up to 100x. The company operates forex brokerage services in the UK, Europe, New Zealand, and Mauritius, as indicated on its website.

    Cointelegraph reached out to LMAX Group for further comments but had not received a reply by the time of publication.

    Related: High risk, high reward: Crypto perpetual futures gain momentum in US

    Perps in crypto trading volume

    Perpetual futures currently dominate crypto trading, representing 68% of all Bitcoin (BTC) trading volume in 2025, up from 66% the previous year, according to Kaiko.

    Major exchanges like Binance, Bybit, and OKX account for nearly 70% of the open interest in these instruments, with daily perpetual volumes fluctuating between $10 billion and $30 billion, and peak days reaching up to $80 billion on Binance alone, according to Kaiko.

    Data from CoinMarketCap indicates that perpetuals led crypto derivatives trading in the last 24 hours with $1.39 trillion in volume, significantly surpassing traditional futures contracts, which only saw $670.61 million.

    01995695 33b0 7494 8d07 ec7cde0ece84
    Perpetuals led crypto derivatives trading. Source: CoinMarketCap

    Additionally, per DefiLlama data, decentralized perpetual platforms collectively saw $20.5 billion in 24-hour volume, with a total of $683.5 billion over the past 30 days, marking a 16.84% rise week-over-week. Hyperliquid alone accounted for over $65 billion in seven-day volume.

    01995695 b381 7be0 9f35 0ed2cd489640
    Decentralized perpetual platforms collectively saw $20.5 billion in 24-hour volume. Source: DefiLlama

    Related: Crypto perp futures are coming ‘very soon,’ says CFTC’s Mersinger

    Perps in the US

    LMAX Group’s entry into the crypto derivatives arena coincides with significant US platforms moving to provide retail access to perpetual futures. Coinbase began offering perpetuals to US users in July, while the CBOE intends to launch its version in November.