Crypto.com and OG.com introduce perpetual futures with up to 5x leverage in the US

Crypto.com and OG.com have officially rolled out cryptocurrency perpetual contracts for users in the United States, offering leverage of up to 5x. These new contracts feature no expiration date, giving traders the ability to speculate on both upward and downward price movements without the constraints of traditional futures settlement dates. This launch brings a familiar institutional-grade product structure to a retail audience operating under US regulatory parameters.

Perpetual futures represent one of the most heavily traded instruments in the global digital asset ecosystem, allowing participants to maintain leveraged positions indefinitely by exchanging funding rates. While these products have long dominated offshore crypto exchanges, their availability within the regulated US market has historically faced stringent limitations. Platforms entering this space must carefully navigate the complex framework overseen by domestic financial regulators to ensure compliance while meeting growing trader demand.

For the broader market, the introduction of US-compliant perps marks a notable step toward bridging the gap between domestic and international trading capabilities. Access to leverage remains a key driver of market liquidity and price discovery, and bringing these tools onshore could shift where and how US-based participants execute their strategies. It also signals a competitive push among major platforms to capture market share within a tightly regulated jurisdiction.

Industry observers are watching closely to see how regulators respond to the expansion of leveraged derivatives on domestic platforms. While proponents view the move as a sign of market maturation and increased access, risk management advocates emphasize the inherent volatility tied to leveraged trading. The success of this rollout will likely influence how other digital asset firms approach derivative product offerings in the US moving forward.

As trading gets underway, market participants will monitor platform adoption rates and liquidity depth for the new contracts. We expect the performance of these offerings to serve as a benchmark for future derivative expansions across regulated American exchanges.