Binance and KuCoin both expanded their crypto-style perpetual futures markets into traditional equities on October 6, 2026, launching USDT-settled contracts with up to 20x leverage.
KuCoin Futures listed stock-index and equity perpetuals tracking Nike, Accenture, and the Breakwave Tanker Shipping ETF, while Binance Futures added contracts tracking StablecoinX, Viking Therapeutics, McDonald’s, and Akamai Technologies.
All contracts are synthetic derivatives: traders gain price exposure without ownership of the underlying shares or ETFs. They trade 24/7, settle in USDT, and funding is settled every eight hours with rates capped at plus or minus 2%. The exchanges note that around-the-clock trading can cause price gaps when U.S. equity markets are closed, and 20x leverage can liquidate positions on relatively small adverse moves.
The simultaneous rollouts show how crypto exchanges are repurposing perpetual futures infrastructure for traditional securities, extending always-on trading culture from Bitcoin and altcoins to equities and commodities.
