contracts

The U.S. Commodity Futures Trading Commission (CFTC) reported that for the week ending September 29, stock fund speculators increased their net short positions in the S&P 500 CME by 575 contracts, bringing the total to 355,697 contracts; stock fund managers reduced their net long positions in the S&P 500 CME by 33,658 contracts, bringing the total to 901,255 contracts.

According to the official announcement, Bitget has launched U-based CT perpetual contracts, supporting up to 20x leverage, and the contract trading Bot will be opened simultaneously.

Binance contracts will automatically settle PROMPTUSDT, PUMPBTCUSDT, and 1000000BOBUSDT U-based perpetual contracts on October 5 at 16:30, and the trading pairs for the above contracts will be delisted thereafter.Users need to close their positions by 17:00 to avoid automatic settlement.

DogeOS, the application layer of Dogecoin, launched its public testnet on Wednesday, introducing EVM-compatible smart contracts to the Dogecoin network as a zero-knowledge rollup, with DOGE as the native token for transaction fees. The project aims to support applications such as trading, lending, stablecoins, prediction markets, and gaming, while settling state back to the Dogecoin network.DogeOS currently uses a trusted execution environment, validators, and a permissioned sequencer to ensure network security. Future proposed upgrades to Dogecoin Core will allow Dogecoin miners to directly verify their execution proofs. DogeOS CEO Jordan Jefferson stated that Dogecoin does not currently verify ZK proofs on its own, and bridging state transitions requires valid proofs as well as signatures from a majority of validators and TEE signers. He mentioned that the team is currently focused on the public testnet, allowing developers time to build and test applications, with the mainnet timeline to be announced upon reaching the next development milestone.DogeOS comes from the MyDoge wallet team, which announced a $6.9 million funding round led by Polychain Capital in May 2025. Two months later, the DogeOS team submitted a proposal for a Dogecoin Core upgrade to add native ZK proof verification for Dogecoin, but this upgrade has not yet been implemented. Timothy Stebbing, a director of the Dogecoin Foundation, expressed hope that DogeOS will serve as a springboard for a new wave of practical engineering.

According to CoinDesk, the U.S. Commodity Futures Trading Commission (CFTC) has submitted two rules for review to the Office of Management and Budget (OMB). One rule aims to include event contracts within the regulatory definition of swaps, while the other is a "temporary final rule" that seeks to exclude "casino-style gambling products" from the scope of swaps.These two rules were received by the OMB this week, with the document dated September 28. OMB review is typically the last step before rules are submitted for public comment, and the temporary final rule will take effect immediately while allowing for subsequent public input and revisions.This move comes as the CFTC engages in a tug-of-war with multiple states over the nature of prediction markets. Event contracts are typically binary yes-or-no bets on measurable outcomes such as sports events and elections. Last week, the U.S. Sixth Circuit Court of Appeals ruled that Kalshi's sports contracts do not fall under swaps and should be governed by state gambling regulations, while the Eighth Circuit Court of Appeals made a similar ruling; however, the Third Circuit Court of Appeals previously determined that the CFTC has jurisdiction over prediction markets, creating a legal divergence at the federal level. CFTC Chairman Mike Selig believes that the CFTC has exclusive jurisdiction over prediction markets.If event contracts are classified as swaps and not as gambling products, it could weaken the positions of various states in multiple lawsuits against prediction market platforms like Kalshi. The CFTC is legally required to consist of five commissioners, but President Trump has yet to nominate additional commissioners, leaving Selig as the sole commissioner, who is unilaterally advancing regulatory and policy decisions. Additionally, information disclosed by the OMB indicates that the CFTC recently submitted a "pre-rule" focusing on cryptocurrency regulation to the White House.

According to CoinDesk, brokerage Robinhood (HOOD) announced at the HOOD Summit held in Houston, Texas, that it will launch executable trading AI agents, cryptocurrency perpetual contracts with up to 10x leverage, and weekend trading for U.S. stocks, while extending options trading hours, providing more intraday margin, and introducing contracts based on corporate earnings metrics.Robinhood Agents allow customers to create AI agents within the app, choose models from OpenAI or Anthropic, and authorize them to access independent trading accounts. The agents can analyze the market, create watchlists, and trade stocks, options, and crypto assets. A feature called Loops allows customers to give long-term instructions to the agents to monitor the market and execute strategies when specific conditions arise. Since opening its trading infrastructure to external AI agents earlier this year, over 150,000 agent accounts have been created. By default, every trade proposed by the agent requires customer approval, and users can disable this protection; agents cannot use margin when they go live and can only utilize funds in dedicated accounts.Regarding perpetual contracts, Robinhood plans to offer them to eligible U.S. customers through Robinhood Derivatives and Bitstamp, initially focusing on crypto assets, with Bitcoin and Ethereum contracts having leverage up to 10x, while other supported assets starting at 3x. Additionally, Robinhood will provide earnings binary contracts through Cboe, allowing customers to trade directly on whether companies meet revenue, earnings per share, and other metrics; weekend trading will offer select stocks and ETFs through Bruce ATS.

According to official news, the Gate perpetual contract area for stocks was launched on September 29 at 20:00 (UTC+8) with the trading of contracts for TWST (Twister BioTech), CVNA (Carvana), RUM (RUM Group), WBD (Warner Bros. Discovery), CRML (Critical Metals Company), and BWET (Breakwave Shipping ETF). Within one hour of the launch, trading bots and Order Tracking features were made available, supporting 1-20 times long and short operations.At the same time, Gate has launched CARDS (Collector Crypt) and XDP (Doppler Finance) contract trading, trading bots, and Order Tracking features. Among them, CARDS contracts support 1-10 times long and short operations, while XDP contracts support 1-20 times long and short operations. CARDS is a platform for real-world assets (RWA) of physical collectibles; Doppler Finance is dedicated to building tokenized capital market infrastructure, covering areas such as yield management, collateral asset utility release, and tokenization of real-world assets (RWA). This new addition further enriches the selection of trading targets in the Gate contract market.

K33 Research Research Director Vetle Lunde analyzed that in the past 7 days, the total open interest of CME and perpetual contract BTC decreased by 49,000 contracts, marking the largest weekly decline since October 2025, during which market volatility was low and funding rates continued to decline.Unlike previous significant reductions in positions that were accompanied by forced liquidations, this round of deleveraging is more akin to proactive profit-taking, with overall market sentiment trending towards rationality.

The Binance Futures platform will launch multiple U-based TradFi perpetual contracts on September 29, including CRMLUSDT, BWETUSDT, ACNUSDT, MPUSDT, SECZUSDT, UNHUSDT, and NKEUSDT, with specific launch times from 17:00 to 17:30, and a maximum leverage of up to 20 times.

As U.S. consumer confidence data remains strong, driving expectations for high interest rates and rising U.S. Treasury yields, gold and silver are under pressure. According to CoinGlass data, gold (XAU) is currently priced at $4,225.56, with a 24-hour decline of 1.45%; silver (XAG) is currently priced at $62.69, with a 24-hour decline of 2.41%.During the period of significant market fluctuations, trading volume for Gate precious metal contracts surged: Gate silver contracts had a 24-hour trading volume of $59.5667 million, ranking second in the industry; Gate XAU gold holdings are approximately $417.78 million, also ranking second in the industry.

The Binance Futures platform will launch multiple USDT-denominated perpetual contracts on September 28, including OKLOUSDT, TWSTUSDT, CVNAUSDT, RUMUSDT, and XOMUSDT. The specific launch times are 17:00, 17:05, 17:10, 17:15, and 17:20, with a maximum leverage of 20 times.

According to CoinGlass data, QNT is currently priced at $265.23, with a 24-hour increase of +52.21% and a 7-day increase of up to +309.1%. The contract trading volume reached $8.248 billion, while the spot trading volume was $597.5 million, showing a significant increase in trading volume.In terms of positions, the open interest is approximately $163.4 million. Liquidation data shows a total liquidation of $25.3467 million in the last 24 hours, with short liquidations amounting to $17.1941 million and long liquidations amounting to $8.1526 million.

According to Cointelegraph, the prediction market platform Kalshi won an important ruling from the U.S. Sixth Circuit Court of Appeals, allowing it to continue operating its event contracts in Ohio and Tennessee.The ruling involves a dispute between Kalshi and the relevant state regulatory agencies regarding whether event contracts can continue to be offered. Cointelegraph stated that the court ruled to allow Kalshi's event contracts to continue operating in the aforementioned two states.

Analysis released by a16z crypto on September 23 shows that the total transaction volume of real-world asset perpetual contracts in August 2026 is $11.73 billion, with on-chain platform transaction volume accounting for about $10.1 billion, or 86%; centralized exchange transaction volume is about $16 billion, an increase of 44 times compared to the same period last year. A year ago, the on-chain platform transaction share was only one-third or lower.As of the end of August, the open interest size is $4.8 billion, expanding about 30 times from $161 million in July 2025. In terms of transaction volume, stocks account for 48%, commodities for 28%, and indices for 18%, indicating a shift in transaction structure from being commodity-dominated previously. a16z states that the HIP-3 protocol launched by Hyperliquid in October 2025 simplifies the creation of new perpetual markets and enhances liquidity sharing.

According to Bloomberg, informed sources say that contracts betting on the collapse of institutions such as Wells Fargo, JPMorgan Chase, and Bank of America on the prediction market platform Polymarket have raised concerns among FDIC officials and members of Congress. Some individuals worry that the expansion of such contracts could fuel real-world bank runs.After internal discussions, the FDIC believes that the current ethical guidelines are sufficient to prohibit insiders from participating in trading. Currently, the trading volume of these contracts is relatively small, with recent bets on bank collapses before the end of the year amounting to approximately $76,000.

The New Zealand Exchange O.G. Com has submitted an application to the CFTC to launch single stock perpetual futures, attempting to bring traditional stock leveraged trading into the DeFi space.

According to The Block, Ethena is incorporating tokenized U.S. stocks and Binance stock perpetual contracts into the foundational trading support strategy of USDe. Among them, Binance bStocks will serve as the tokenized spot support asset, while Ethena will hedge through Binance stock perpetual contracts to maintain Delta neutrality.The Ethena Risk Committee has previously approved the inclusion of tokenized stock foundational trading into the allocation strategy. Ethena stated that the open interest of Binance stock perpetual contracts has currently exceeded $2.9 billion, with a monthly average compound growth rate of 105% this year, and the average annualized return of stock foundational trading over the past six months has been 3.56%; the company expects that as more stock market assets go on-chain, the opportunity size of stock perpetual contracts will ultimately significantly exceed that of the cryptocurrency perpetual contract market.Guy Young, founder of Ethena Labs, stated that this is the most important expansion of its funding mechanism since the launch of USDe.

According to Decrypt, Mike Selig, the chairman of the U.S. Commodity Futures Trading Commission (CFTC), stated that after the Senate rejected the Clear Act, the CFTC will continue to advance the formulation of rules for the cryptocurrency market structure, saying "now is the time for action." Selig pointed out that the CFTC's existing statutory authority provides room for advancing the rules without waiting for Congress to pass new legislation.The agency will also reassess the current rules applicable to algorithmic and smart agent-driven 24/7 on-chain markets. Related arrangements may include establishing designated contract market categories that allow exchanges to offer cryptocurrency leveraged trading under CFTC regulation; however, the CFTC does not have the authority to regulate the spot market, and regulation of the spot market still requires legislation.

According to official news, Gate has launched the world's first stock event contract, expanding the underlying coverage from crypto assets to traditional stocks, supporting bullish or bearish trades in short cycles such as 5 minutes and 15 minutes.As a flexible and efficient short-term trading tool, the Gate event contract has four core advantages: in terms of risk control, the product features zero leverage and low risk, with no forced liquidation or margin call mechanism, and the maximum loss is limited to the initial invested principal; in terms of rules and mechanisms, the criteria for price rise and fall, settlement standards, and transaction fees are all open and transparent throughout the process; in terms of trading flexibility, it supports closing positions at any time, allowing users to control the pace, lock in profits, or stop losses in a timely manner; in terms of participation threshold, it only requires an investment of 5 USDT to start, helping investors quickly implement short-term strategies.Currently, the official incentive program has been launched simultaneously. The second phase of the Gate event contract limited-time trading competition officially started on September 21 at 16:00 (UTC+8) and will continue until October 1 at 08:00 (UTC+8). The event includes rewards for first trades and consecutive trades for new users, daily trading volume tiered rebates for all participants, and a grand prize for cumulative trading volume leaderboard, with participating users having the chance to win a prize pool of up to 12,500 USDT.