Svmuu News: Bitget has announced the launch of the MINIMAX Quanto perpetual contract, MINIMAXHKDUSDT, which supports up to 20x leverage and 24/7 trading. As the industry’s first TradFi Quanto perpetual contract, this product allows users to trade non-USD-denominated overseas stocks—such as Hong Kong stocks—directly using USDT, eliminating the need for currency conversion throughout the entire process. The contracts are quoted in Hong Kong dollars, while margin deposits and profit/loss settlements are conducted in USDT. This simplifies the trading process while effectively mitigating the additional risks associated with exchange rate fluctuations.
According to TokenInsight’s Q2 2026 report, TradFi perpetual contracts have become the fastest-growing segment, with monthly trading volume surging fivefold from approximately $52 billion in January to $268 billion in June. Against this backdrop, Bitget’s TradFi futures trading volume in the second quarter reached approximately $69 billion, ranking second in the industry with an 11.01% market share.