Online broker Axi today announced the launch of fiat-settled crypto perpetual contracts, a move designed to give traders a more transparent, secure, and streamlined way to access the fast-growing crypto derivatives market.
Axi’s new perpetual contracts are settled directly in fiat currencies. This reduces counterparty risk, eliminates hidden conversion costs, and offers traders greater clarity over balances and performance.
“Too many traders are forced to operate in opaque environments where the risks aren’t always clear,” said Stuart Cooke, Head of New Business at Axi. “By introducing fiat-settled perps, we’re breaking away from that model. Traders get the same exposure and flexibility of crypto derivatives but within a more transparent, regulated, and secure framework.”
For Axi, the launch reinforces its “everything in one platform” vision while addressing one of the most pressing challenges facing crypto markets: investor trust.
“Transparency and fairness aren’t optional extras — they’re what will define the future of trading,” Cooke added. “Our role is to give traders the confidence that comes from knowing the rules of the game.”
The fiat-settled crypto perps are available immediately to eligible clients.
