Bitget has listed the MINIMAX Quanto perpetual contract, ticker MINIMAXHKDUSDT, with up to 20x leverage and round-the-clock trading. The exchange described it as the industry’s first TradFi Quanto perpetual contract. The product lets users trade Hong Kong stocks and other overseas equities priced in non-U.S. dollar currencies directly with USDT, removing the need to exchange into foreign currencies first. The contract is quoted in Hong Kong dollars, while margin deposits and profit-and-loss settlement are both handled in USDT. According to TokenInsight’s Q2 2026 report, TradFi perpetuals were the fastest-growing segment, with monthly trading volume rising from about $52 billion in January to $268 billion in June, a fivefold increase. The same report said Bitget recorded about $69 billion in TradFi derivatives volume in the second quarter, giving it an 11.01% market share and placing it second in the industry.
Bitget has launched the MINIMAX Quanto perpetual contract, MINIMAXHKDUSDT, offering up to 20x leverage and 24/7 trading.
The exchange said the product is the industry’s first TradFi Quanto perpetual contract. It allows users to trade Hong Kong stocks and other overseas equities priced in non-U.S. dollar currencies directly with USDT, without first converting into foreign currencies. The contract is quoted in Hong Kong dollars, while margin deposits and profit-and-loss settlement are completed in USDT. Bitget said that structure simplifies the trading process and helps avoid added risk from exchange-rate swings.
According to TokenInsight’s Q2 2026 report, TradFi perpetual contracts were the fastest-growing segment, with monthly trading volume jumping from about $52 billion in January to $268 billion in June, a fivefold increase.
The same report showed Bitget’s TradFi derivatives trading volume reached about $69 billion in the second quarter. Its market share stood at 11.01%, ranking second in the industry.
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