S&P Dow Jones Indices has licensed the S&P 500 to TradeXYZ, enabling the launch of the first officially sanctioned perpetual futures contract based on the index.
This marks the first time eligible non-U.S. investors can gain leveraged exposure to the S&P 500 through an officially licensed, digitally native instrument designed for 24/7 trading on a decentralized platform. Unlike traditional S&P 500 futures, the contract carries no fixed expiry, allowing traders to hold long or short positions without rolling.
The S&P 500 sits at the center of a global trading ecosystem generating over $1 trillion in daily volume across linked exposures in exchange-traded futures, options, ETFs, and structured products, the company noted in a press release. The new perp extends that ecosystem on-chain using official SPDJI index data, a distinction TradeXYZ frames as critical for institutional-grade liquidity.
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