KuCoin Futures has launched stock index perpetual contracts tracking Nike, Accenture and the Breakwave Tanker Shipping ETF, adding a traditional-market reference layer to a crypto-native derivatives format. The contracts are settled in USDT, trade around the clock and offer leverage of up to 20x, according to Techub, citing Bitcoinist. KuCoin said the products are synthetic derivatives, which means traders do not gain ownership of the underlying stocks or ETF. The contracts use the perpetual futures structure familiar to crypto traders, while the reference assets come from the conventional securities market. Funding is settled every eight hours, with the initial funding rate cap set at ±2%. Because the contracts can continue trading while U.S. securities markets are closed, price discovery may shift to the derivatives market itself. That can lead to wider deviations from spot prices, and leverage can amplify the related risks.
KuCoin Futures has listed stock index perpetual contracts tracking Nike, Accenture and the Breakwave Tanker Shipping ETF, according to Techub, which cited Bitcoinist. The contracts are settled in USDT, available for 24/7 trading and offer leverage of up to 20x.
KuCoin said the products are synthetic derivatives, meaning traders do not own the underlying stocks or ETF.
The offering uses the perpetual futures structure common in crypto markets, but the reference assets come from traditional securities markets. Funding is settled every eight hours, and under the initial parameters, the funding rate cap is set at ±2%.
Because the contracts can keep trading while U.S. securities markets are closed, price discovery may move to the derivatives market itself. That may result in larger deviations from spot prices, while leverage increases the related risk.
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