The cryptocurrency derivatives market continues to expand, offering traders more opportunities to diversify their portfolios and leverage exposure to high-potential digital assets. In line with this evolution, a major step forward has been taken with the official launch of COMP, WAVES, SNX, ANT, OMG, and BTM coin-margined perpetual contracts. These additions empower traders to gain direct exposure to leading decentralized finance (DeFi) and blockchain infrastructure projects using the underlying asset as collateral.
This development marks a significant enhancement in trading flexibility, risk management, and strategic positioning for active crypto participants. By supporting coin-margined contracts, platforms enable users to hedge holdings, capitalize on volatility, and optimize capital efficiency—all without relying on stablecoins.
What Are Coin-Margined Perpetual Contracts?
Coin-margined perpetual contracts are derivative instruments that allow traders to speculate on the price movements of cryptocurrencies without an expiration date. Unlike USDT-margined contracts, these are settled and collateralized in the base cryptocurrency itself—such as BTC, ETH, or in this case, COMP, WAVES, or SNX.
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This means profits and losses are calculated in the same asset being traded. For example, if you open a long position on a COMP-margined contract, your PnL will be denominated in COMP. This is particularly valuable for long-term holders who want to hedge their portfolio or leverage their existing holdings without selling them.
Key features include:
- No expiry date (perpetual)
- Margin and settlement in the base coin
- Funding rate mechanism to align contract price with spot price
- High leverage options (subject to risk parameters)
These instruments cater especially to experienced traders focused on DeFi and smart contract platforms, where price volatility can create strategic entry and exit points.
Overview of Newly Launched Assets
Each of the six newly supported assets plays a unique role in the broader blockchain ecosystem. Understanding their fundamentals helps contextualize why they’re now available for advanced trading.
COMP (Compound)
As one of the pioneering DeFi protocols, Compound enables users to lend and borrow crypto assets algorithmically. COMP is its governance token, allowing holders to vote on protocol upgrades. Its integration into perpetual contracts reflects ongoing interest in DeFi yield dynamics and governance participation.
WAVES (Waves)
Waves is a blockchain platform designed for custom token creation and decentralized applications. It emphasizes usability and scalability through its Proof-of-Stake consensus and RIDE scripting language. Traders may leverage WAVES contracts to speculate on ecosystem growth and enterprise adoption.
SNX (Synthetix)
Synthetix powers a decentralized derivatives liquidity protocol where users can mint synthetic assets (synths) tracking real-world values like stocks, fiat, or commodities. SNX stakers provide collateral for these synths. The complexity and innovation behind SNX make it a compelling asset for sophisticated traders.
ANT (Aragon)
Aragon enables the creation and management of decentralized organizations (DAOs) without coding. ANT is used for governance within the Aragon Network. As DAOs gain traction globally, ANT’s relevance in governance-focused trading strategies grows.
OMG (OmiseGO)
Originally aimed at financial inclusion via decentralized payment solutions, OMG operates on Ethereum and supports scaling through Plasma-based Layer-2 technology. Though its use case has evolved, it remains a notable asset in discussions around payment rails and interoperability.
BTM (Bytom)
Bytom is a China-originated blockchain focused on registering and exchanging heterogeneous assets—such as digital securities, fiat, and data—across chains. While less globally prominent than others, BTM represents niche interest in cross-asset tokenization and institutional-grade blockchain infrastructure.
Risk Management Enhancements
With the introduction of new trading pairs, effective risk mitigation becomes even more critical. To protect traders and maintain market stability, additional risk reserves have been allocated specifically for each new coin-margined contract.
These risk preparation funds serve several purposes:
- Cover potential insolvency during extreme volatility
- Reduce auto-deleveraging events
- Support smoother liquidation processes
- Improve overall market resilience
Platforms implementing such safeguards demonstrate a commitment to user protection—an essential factor when engaging in leveraged trading.
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Moreover, each contract includes clearly defined parameters such as:
- Initial and maintenance margin requirements
- Maximum leverage tiers
- Funding rate calculation intervals
- Mark price mechanisms to prevent manipulation
Traders are encouraged to review these specifications thoroughly before entering positions.
Why This Expansion Matters
The addition of these six assets reflects growing demand for diversified exposure beyond major cryptocurrencies like Bitcoin and Ethereum. DeFi tokens, in particular, exhibit strong correlation with broader market sentiment but also carry unique project-specific risks and catalysts.
For traders, this means:
- Greater ability to express nuanced market views
- Opportunities to hedge against portfolio volatility
- Access to higher-growth-potential assets with active ecosystems
Additionally, coin-margined contracts promote capital efficiency for holders who prefer not to convert their crypto into stablecoins. Instead of selling SNX or COMP, investors can use them directly as margin—preserving long-term upside while actively trading.
Core Keywords Integration
Throughout this update, key concepts such as coin-margined perpetual contracts, COMP trading, WAVES futures, SNX derivatives, ANT crypto contracts, OMG leverage trading, and BTM perpetuals are central to understanding the new offerings. These terms reflect both user search intent and the technical nature of the products now available.
Natural integration ensures clarity without keyword stuffing—for instance, discussing “leveraged positions in SNX” instead of repeatedly inserting “SNX leverage trading.”
Frequently Asked Questions
Q: What does "coin-margined" mean?
A: It means the contract uses the cryptocurrency itself (e.g., COMP or SNX) as collateral and for settling profits or losses, rather than a stablecoin like USDT.
Q: Can I trade these contracts with USDT?
A: No—these are specifically coin-margined. If you want to trade with USDT, look for USDT-margined versions of these assets, if available.
Q: How is funding handled in coin-margined contracts?
A: Funding rates work similarly to other perpetuals—the party holding the long position pays short holders (or vice versa), depending on price divergence. Payments are made in the base coin.
Q: Are there higher risks compared to spot trading?
A: Yes. Leveraged derivatives involve amplified risk due to margin requirements and liquidation thresholds. Always use risk management tools like stop-loss orders.
Q: Where can I find contract specifications?
A: Details such as leverage tiers, margin ratios, and funding intervals are typically found in the platform’s help center or contract guide section.
Q: Why were these specific tokens chosen?
A: These projects represent influential players in DeFi, governance, and blockchain infrastructure—areas showing sustained innovation and trader interest.
Final Thoughts
The launch of COMP, WAVES, SNX, ANT, OMG, and BTM coin-margined perpetual contracts underscores the maturation of the digital asset derivatives market. Traders now have more tools than ever to engage with emerging blockchain ecosystems through leveraged instruments backed by robust risk controls.
Whether you're hedging a long-term portfolio or seeking short-term opportunities in volatile markets, these new contracts offer strategic value. However, always approach leveraged trading with caution—understand the mechanics, monitor your positions closely, and prioritize capital preservation.