London-based fintech company LMAX Group has launched leveraged crypto derivatives, offering perpetual futures contracts tied to Bitcoin and Ether for institutional clients. Perpetual futures dominate crypto trading, accounting for 68% of Bitcoin volume in 2025. Leading exchanges like Binance hold nearly 70% of open interest in these products, with daily volumes ranging between $10-30 billion.

Decentralized perpetual platforms collectively processed $20.5 billion in 24-hour volume, with a 30-day total exceeding $683.5 billion. Hyperliquid alone contributed over $65 billion in seven-day volume. LMAX Group’s move into the crypto derivatives market coincides with major US venues offering retail access to perpetual futures, with Coinbase and the CBOE launching their versions. Europe’s One Trading has also launched MiFID II-compliant perpetuals.

Read more at Cointelegraph: LMAX Launches Bitcoin, Ether Perps for Institutions