Bitfinex, the popular cryptocurrency exchange platform, today announced that Bitfinex Derivatives has launched perpetual contracts for Ripple (XRP), Monero (XMR), and Terra (LUNA).
All three contracts are now live with up to 100x leverage. The XRP and XMR perpetual swaps will be settled in Tether tokens (USDT), and the LUNA swap will be settled in bitcoin (BTC).
“We’re delighted to announce the addition of Ripple, Monero,, and Terra to the growing portfolio of perpetual swaps available to trade on the exchange. We anticipate great interest in these products, particularly among funds and professional investors for hedging purposes and to manage risk.”
– Paolo Ardoino, CTO at Bitfinex Derivatives