Blockchain.com Adds Perps Trading to Self-Custody Wallets

Blockchain.com has introduced perpetual futures trading to its non-custodial DeFi wallet, enabling users to trade leveraged crypto derivatives directly from self-custodied Bitcoin (BTC) balances. This move eliminates the need for transferring funds to centralized exchanges.

The integration is powered by Hyperliquid, a decentralized derivatives platform, allowing access to over 190 crypto markets with up to 40x leverage. The feature enables traders to open, manage, and close positions while retaining full control of their private keys—a significant step for those prioritizing self-custody.

Perpetual futures are derivative contracts with no expiration date, letting traders speculate on price movements with leverage. Blockchain.com stated that users can fund trades directly in Bitcoin in a single transaction, streamlining the process by avoiding platform transfers or currency conversions. Additionally, the company plans to expand this product line to include other asset classes, such as equities, commodities, and forex.

Founded in 2011 and headquartered in Malta, Blockchain.com is a major player in the crypto ecosystem, offering wallets, trading services, and infrastructure tools for both retail and institutional clients. The company’s move into derivatives via self-custody wallets aligns with a broader trend of blending decentralized finance (DeFi) capabilities with traditional financial instruments.

DeFi Derivatives Gain Momentum

Blockchain.com isn’t the only platform expanding into perpetual futures trading. Earlier this year, Kraken launched tokenized equity perpetual futures, giving non-U.S. customers leveraged exposure to U.S. stocks and commodities. Similarly, Coinbase has rolled out stock-based perpetual futures for its non-U.S. users.

Hyperliquid, the decentralized exchange powering Blockchain.com’s new feature, has also broadened its offerings. Beyond crypto markets, it now supports perpetual contracts tied to commodities like oil and precious metals, as well as financial indexes such as the S&P 500. According to platform data, some of these non-crypto markets rank among its most traded by volume.

As perpetual futures continue to expand into multi-asset trading, the line between decentralized and traditional finance is increasingly blurred. For traders, this diversification in product offerings represents an opportunity to manage risk and exposure across a wider array of markets—all without leaving the DeFi ecosystem.

Blockchain.com’s integration with Hyperliquid marks a significant milestone in this evolution, marrying the flexibility of perpetual futures with the security of self-custodied assets. Whether this trend will attract more traditional investors to DeFi remains to be seen, but the groundwork is clearly being laid.

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