Bybit @Bybit_Official just dropped a clear breakdown of TradFi Perpetuals, and this is one of the more useful product explainers they’ve posted. What are TradFi Perpetuals? USDT-settled perpetual contracts that track traditional assets (gold, silver, crude oil, and major stocks/indices). They run 24/7, even when traditional markets are closed. Key points: 1️⃣Same structure as crypto perps (no expiry, funding rate, margin & liquidation mechanics) 2️⃣Settled in USDT from your existing Unified Trading Account, no separate account needed 3️⃣Long or short with leverage 4️⃣Index price updates every second with smoothing when markets open/close How they compare to other Bybit products: 1️⃣vs Crypto Perps → Identical mechanics, different underlying 2️⃣vs CFD → Perps stay inside UTA + true 24/7; CFD needs MT5 account and follows market hours 3️⃣vs xStocks → Perps are leveraged derivatives (you can short); xStocks are tokenized equities (no leverage or shorting) Why traders use them: 1️⃣React to weekend news, rate decisions, or after-hours earnings without waiting for market open 2️⃣Get leveraged exposure to stocks/commodities using USDT already in your UTA 3️⃣Trade crypto + TradFi from one account Requirements before trading: 1️⃣Complete KYC 2️⃣Accept the TradFi risk disclosure 3️⃣Metals agreement (for gold/silver) 3️⃣Sufficient USDT for margin 📌Note: Geo-restrictions apply in some regions 🚨Important risk reminder: These are leveraged instruments. Gap risk when markets reopen, funding costs, and liquidation are real. Position sizing and risk management still matter. Clean product, practical use cases, and seamless integration with UTA. Anyone already trading gold, oil or stock perps on Bybit? #Bybit# #NewFinancialPlatform#