Trade.xyz Launches NIFTY 50 Perpetuals With 20X Leverage

Decentralized trading platform trade.xyz has launched perpetual futures tied to India’s NIFTY 50 stock index, offering traders leveraged positions of up to 20 times with round-the-clock trading and USDC settlement, according to CryptoNews.

The new contract tracks the native Indian rupee index level of the NIFTY 50 without applying foreign exchange conversion. Profits and losses from movements in index points are settled in USDC, the U.S. dollar-pegged stablecoin issued by Circle. Unlike traditional index futures, the perpetual contract features no fixed expiration date and remains available for trading even when Indian stock exchanges are closed.

Expansion on Hyperliquid Infrastructure

The launch expands trade.xyz’s equity derivatives offerings on Hyperliquid, operating through the platform's HIP-3 infrastructure. The infrastructure allows independent deployers to create perpetual futures referencing assets outside the cryptocurrency market. Trade.xyz recorded $202.36 billion in trading volume during the second quarter of 2026, with equity perpetual futures accounting for $58.9 billion of that total.

24/7 Trading and Margin Requirements

Trade.xyz made the contract available throughout the week, including weekends and public holidays when traditional exchanges are closed. Traders can maintain positions without scheduled expiry provided they meet margin requirements. Leverage is capped at 20x, allowing traders to control positions worth 20 times their posted margin, though adverse price movements can trigger liquidation.

Key facts

• Trade.xyz launched perpetual futures tied to India's NIFTY 50 stock index with up to 20x leverage.
• Contracts are settled in USDC and track the native Indian rupee index level without FX conversion.
• The perpetual contract has no fixed expiration date and operates 24/7.
• Operations run through Hyperliquid's HIP-3 infrastructure.