The trading volume of Bitcoin and Ethereum perpetual futures on the Singapore Exchange has reached 250 million USD

Since the launch of Bitcoin and Ethereum perpetual futures on the Singapore Exchange (SGX) two weeks ago, trading volume has continued to grow, reaching a total of $250 million. SGX President Michael Syn stated that these products attract new liquidity rather than funds being transferred from other exchanges.

Institutional investors primarily use these regulated contracts for spot-futures arbitrage trading, rather than simply going long. Unlike unregulated markets, SGX employs more conservative margin management to avoid high leverage automatic liquidation issues. The exchange aims to establish its BTC/ETH perpetual futures as the benchmark contract during Asian trading hours, providing reliable pricing and liquidity references for investors in the region.