Blockchain.com Adds Perpetual Futures to Wallet
Fhumulani Lukoto
- 2 min read
Image credit: Shutterstock
Blockchain.com has rolled out perpetual futures trading inside its non-custodial DeFi wallet, giving users a way to open leveraged positions without first transferring funds to a separate exchange account. The product is powered by Hyperliquid and lets users fund a perpetual futures account directly from Bitcoin held in their wallet.
The launch moves Blockchain.com’s wallet further into active trading. Instead of only storing, sending or swapping crypto, the wallet now gives users access to derivatives markets while still letting them control their private keys.
Hyperliquid Powers the Trading Layer
Blockchain.com’s announcement said the feature gives users access to more than 190 markets, while its support page currently lists more than 150 markets, with more expected over time. The product uses Hyperliquid’s infrastructure and liquidity to execute trades and manage positions.
The difference likely reflects a rolling launch, with additional markets being added over time. The company says users can open, manage and close positions inside the wallet interface, with real-time pricing, adjustable leverage and risk tools built into the process.
Blockchain.com Provides the Interface, Hyperliquid Runs the Trades
The self-custody model is central to the product. Blockchain.com says users keep control of their assets inside the DeFi wallet during the trading lifecycle. The feature is currently available on the company’s iOS and Android apps, with web support still planned.
The company’s support page also states Blockchain.com provides only the interface. It does not operate the perpetual futures service, execute transactions or act as the counterparty. Hyperliquid remains the trading venue behind the wallet experience.
The Trade-Off: Faster Derivatives Access, Higher Liquidation Risk
Perpetual futures let traders take long or short positions without a fixed expiry date. Blockchain.com’s own support material warns that leverage can increase losses and that users can lose all margin used in a trade if a position is liquidated.
For Blockchain.com, the rollout points to self-custody wallets becoming fuller trading front ends. For users, the trade-off is higher risk. They get quicker access to derivatives from assets they already hold, but they also take on the liquidation risk that comes with leveraged perpetual futures.
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Fhumulani Lukoto
Cryptocurrency Journalist
Fhumulani Lukoto holds a Bachelors Degree in Journalism enabling her to become the writer she is today. Her passion for cryptocurrency and bitcoin started in 2021 when she began producing content in the space. A naturally inquisitive person, she dove head first into all things crypto to gain the huge wealth of knowledge she has today. Based out of Gauteng, South Africa, Fhumulani is a core member of the content team at Coin Insider.