Trade.xyz Brings NIFTY 50 Perpetual Futures to Crypto Markets

The new contract tracks the NIFTY 50’s native Indian rupee index level without requiring foreign exchange conversion. Because the instrument functions as a perpetual future, it lacks a fixed expiration date, allowing participants to maintain positions indefinitely provided they meet margin requirements. By operating on Hyperliquid’s HIP-3 infrastructure, Trade.xyz facilitates trading even when the National Stock Exchange of India is closed for weekends or public holidays.

While the 20x leverage allows traders to control significant notional exposure with minimal capital, it carries the inherent risk of rapid liquidation during adverse price swings. The platform clarifies that these contracts offer synthetic exposure to index movements rather than ownership of the underlying companies. This expansion follows a period of rapid growth for Trade.xyz, which reported $202.36 billion in total trading volume during the second quarter of 2026, with equity derivatives emerging as a major contributor to that performance.