Cyber Security

Blockchain.com brings an endless future to self-storage wallet users

Blockchain.com has added permanent futures trading to its custodial DeFi wallet, giving users a way to trade virtual crypto contracts without moving funds to a different exchange.

Summary

  • Blockchain.com now offers infinite futures within its DeFi wallet with Hyperliquid across multiple markets.
  • Users can trade profitable contracts with Bitcoin collateral while keeping the assets safe from them during execution.
  • The launch adds momentum to the wallet’s output as crypto platforms grow into endless multi-asset trading.

The new feature allows users to manage their private keys while opening and managing positions within the wallet.

The company said the product runs on Hyperliquid and provides access to more than 190 crypto markets at a rate of up to 40x. The launch adds another example of how trading platforms are trying to integrate self-sustainability with products that were heavily tied to centralized trading.

Blockchain.com said users can open, manage, and close trades while their assets remain in their wallet. That setup eliminates the need to send money to a hedging trade before entering a strong position.

The company also said that users can fund accounts directly with Bitcoin from their wallet in a single transaction. That process avoids additional conversions and transfers across platforms, which often add steps for traders using derivatives.

Additionally, the product uses Hyperliquid as a base for future permanent trading. With that connection, Blockchain.com users can access a wide range of crypto markets from the wallet interface.

Perpetual futures are contracts that allow traders to take positions on price movements without an expiration date. These products are widely used in crypto markets because they allow continuous exposure and tend to support higher leverage than spot trading.

The eternal future is gaining ground in all fields

The launch comes as more firms expand futures beyond their previous crypto-only focus. Exchange and trading applications now use the product to provide exposure to a wider set of markets.

Blockchain.com said it plans to add more asset classes in the future, including foreign exchange, stocks, and commodities. That plan matches a broader market trend where trading firms are trying to build round-the-clock access to all kinds of commodities.

In addition, some companies have dived deeper into the future of infinity in recent months. In February, Kraken introduced a permanent future of equity for non-US users. In March, Coinbase launched a permanent stock-based future for users outside the United States.

Interest in the sector has also increased this week after a report that Kalshi is exploring crypto derivatives with plans to offer perpetual futures in the United States. CFTC Chairman Michael Selig said last month that the agency expects to approve the contracts in the coming weeks, a change that could open the door to broader access.

Meanwhile, Hyperliquid has already expanded beyond crypto-linked products. Platform data shows that contracts tied to oil, silver, and the S&P 500 index are among the most traded markets next to Bitcoin and Ether.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button