LMAX Introduces BTC and ETH Perpetual Contracts For Institutional Investors

LMAX Group, a London-based fintech company recognized for its strong FX trading platforms, has officially perpetual futures contracts for BTC (BTC) and ETH (ETH). These products are made just for institutional investors and offer up to 100 times the leverage, which is a large step for LMAX into the crypto derivatives market.

Global Use of Stablecoins Reinforces the Dollar

The new product from LMAX meets the needs of institutional clients that want high-leverage access to the crypto markets. are one-of-a-kind financial contracts that look like regular futures but don’t have an expiration date, so traders can keep their holdings open forever. LMAX has over 15 years of experience managing leveraged products like Forex and CFDs. 

This experience assists them maintain the high leverage and ensure that these contracts have a strong management framework. With this base, LMAX may offer up to 100x leverage, which is a large assist for institutional traders who want to get the most out of their market exposure while keeping their risks in check.

Exact Pricing and Settlement Methods

The prices of these perpetual contracts are set by pooling liquidity from a number of institutional suppliers. Settlements are done in U.S. dollars and are made possible by reputable bank rails, which make sure that transactions go smoothly and securely. The contracts also use the Pyth network as a price oracle. 

Pyth is the largegest first-party oracle for financial data, which makes the price feeds that support the perp contracts more transparent and trustworthy. Every eight hours, the contracts set a funding rate to keep prices in line with the spot market. This financing rate changes based on the weighted average price difference between the perpetual futures and the spot price. This assists keep contract prices close to what they really are in the market.

Growing Popularity of Perpetual Futures in Crypto Markets

In the crypto trading industry, perpetual futures have become very popular. In 2025, they made up a massive 68% of BTC trading volumes, up from 66% last year. Binance, Bybit, and are some of the largegest platforms that hold almost 70% of the open interest in these derivative products. 

The daily trading volume on these platforms ranges from $10 billion to $30 billion. Binance sometimes hits peaks of up to $80 billion. This rise is also apparent in decentralized finance (DeFi) platforms, where decentralized perpetual futures have traded over $20 billion in 24 hours, with a significant increase in the last month.

The Growth of Institutional-Grade Crypto Derivatives

LMAX Group’s initiative comes at a time when major platforms around the world are adding perpetual futures to their offerings. This change includes large U.S. platforms like Coinbase, which begined letting regular people trade perps in July, and the , which is getting ready to debut soon.

European companies are also getting into the market with perpetual products that meet MiFID II standards, although at first, they are only available to institutional customers.

For institutional investors looking for advanced trading tools with high leverage and market exposure, LMAX’s and ETH perpetual contracts are a great new option supported by a long history of excellence in financial technology.

This news shows that the crypto derivatives markets are getting more mature and that crypto assets are becoming more common in traditional financial trade. LMAX’s release of these products is designed to improve liquidity, make the market more complex, and make it easier for institutional investors around the world to get in.