Bitget launches its first TradFi Quanto perpetual contract, with MINIMAX as the first underlying asset

Foresight News reports that Bitget has launched the MINIMAX Quanto perpetual contract MINIMAXHKDUSDT, supporting up to 20x leverage and 24/7 trading. As the first TradFi Quanto perpetual contract, this product allows users to trade non-USD denominated overseas stocks directly with USDT, with no need to exchange foreign currency throughout the process. The contract itself is quoted in HKD, while margin deposits and profit and loss settlements are all completed in USDT, simplifying the trading process and effectively avoiding the extra risks caused by exchange rate fluctuations.

According to TokenInsight’s Q2 2026 report, TradFi perpetual contracts have become the fastest-growing sector, with monthly trading volume surging from about $5.2 billion in January to $26.8 billion in June, representing a fivefold increase. Against this backdrop, Bitget’s Q2 TradFi contract trading volume reached approximately $6.9 billion, ranking second in the industry with an 11.01% market share.