TradFi Perpetuals: Stocks, Metals and Energy
Perpetual futures on traditional markets, settled in USDT and traded from the same balance as crypto. Today that means Brent crude oil, the international benchmark for crude priced from North Sea production.
| Market | Price | Trade | ||||
|---|---|---|---|---|---|---|
| 1 |  Brent Crude OilBRENT-PERP | 112.069−0.23% | −0.23% | 120.5K | 100x | Trade |
Traditional markets are assets that trade on established exchanges outside crypto, such as commodities. Their prices are driven by the real economy. For oil, that means production decisions by OPEC+ and other producers, global demand and economic growth, inventory levels, geopolitical events that threaten supply, and the US dollar, in which oil is priced. They often move for different reasons than crypto does.
Trading them as USDT-settled perpetuals means you take a position on the price without owning or taking delivery of anything. The position shares one cross-margin balance with your crypto positions, so a loss in one reduces the margin behind the other.
A perpetual future is a contract that tracks the price of an asset and never expires. You can go long, profiting if the price rises, or short, profiting if it falls, without owning the asset itself.
You post margin and choose your leverage. Leverage multiplies both gains and losses: at 10x, a 1% move in the price is a 10% change in your margin. If losses use up the margin, the position is liquidated.
Frequently asked questions
No. A Brent crude oil perpetual is a contract on the price of oil, and no barrels are bought, stored or delivered. Your profit or loss is settled in USDT.
Not in this category. Stocks and indices are not listed, and Brent crude oil is the only traditional market. For gold, PAX Gold and Tether Gold are gold-backed tokens listed under crypto.
Every market on the exchange settles in USDT, so oil positions are funded, valued and paid out in the same currency as crypto positions. You do not need a bank account or a separate fiat balance to trade it.
Yes. Margin is cross, so the whole perpetual balance backs every position in every category. A loss on oil reduces the margin available to your crypto positions, and the reverse.
No. There is no KYC and no sign-up form. You connect a wallet and sign a message to log in — self-custody wallet sign-in, with no password — then deposit USDT to start trading.
A perpetual future is a contract that tracks the price of an asset and never expires. You can go long, profiting if the price rises, or short, profiting if it falls, without owning the asset itself.
There are 75 perpetual futures markets, across crypto, gold and oil, all settled in USDT with cross margin.
No. A perpetual has no expiry date, so you can hold a position for as long as your margin covers it.
Maker orders pay 0.02% and taker orders 0.06% of the order value, on every market.
Yes. Every market is open 24/7, including gold and oil.