The cryptocurrency exchange VALR is set to make waves in the derivatives market by launching 'Perps', a new product that features over 200 cross-asset perpetual futures markets. This major expansion signifies a bold step for VALR, enhancing its offerings to users.
Significant Development in Derivatives
This latest announcement allows users to take leveraged long or short positions on a variety of assets including global equities, commodities, precious metals, stock indices, foreign exchange pairs, and cryptocurrencies all within the VALR app. This launch builds on VALR’s initial venture into perpetuals that began in 2023, coinciding with a transformative period for the global perpetuals market.
Emerging Trends and Market Shifts
Industry reports indicate that perpetual futures now account for a substantial portion of derivatives activity, often surpassing hundreds of billions of dollars in daily trading volume. Decentralized venues, prominently led by Hyperliquid, are rapidly gaining a foothold in this market, significantly increasing their market share as on-chain liquidity expands.
VALR's new product is integrated with Hyperliquid’s permissionless infrastructure, allowing seamless management of trading positions directly within VALR. This integration is particularly noteworthy as it marks the first major regulated exchange to incorporate an on-chain protocol for sourcing liquidity in cross-asset perpetuals.
Diverse Market Offerings
The expanded offerings include perpetual contracts not only on renowned global companies like SpaceX, NVIDIA, and Tesla, but also on major benchmarks like the S&P 500. The contracts extend to commodities such as Brent and WTI crude oil, natural gas, and precious metals including gold and silver. Additionally, traders will have access to key forex pairs like EUR/USD, GBP/USD, and USD/JPY.
According to VALR representatives, this comprehensive range of markets will empower traders to express macroeconomic views and take advantage of various market volatilities, such as shifts in energy prices or earnings reports from equities. This launch comes at a crucial time when the structure of perpetual futures trading is undergoing significant change.
