What are TradFi Perpetuals? US Stocks, Gold & Oil Trading Guide
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As of Sept 2026, Bybit TradFi Perpetuals cover US stocks, gold, silver, crude oil, using margin, funding rates, and liquidation logic similar to regular USDT perpetuals.
Biggest feature: Use your existing Bybit Unified Trading Account (UTA) and USDT directly, no separate MT5 CFD account needed, and supports 24/7 trading.
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BYOFFICIALRegistration Link: Register Bybit with BYOFFICIAL
If you recently saw the "TradFi → Futures" entrance in Bybit App, it is NOT exactly the same as the old MT5/TradFi CFD.
In 2026, Bybits traditional financial products are mainly split into two lines:
1. TradFi Perpetuals
2. Bybit CFD (formerly TradFi / MT5 CFD)
Both can trade traditional markets, but accounts, trading mechanisms, and suitable usage differ.
1️⃣ What exactly are Bybit TradFi Perpetuals?
Bybit TradFi Perpetuals are essentially perpetual contracts.
But instead of tracking BTC, ETH, SOL, they track:
- 🥇 Gold
- 🥈 Silver
- 🛢️ Crude Oil
- 📈 US Stocks
- 🌐 Other traditional financial assets
Bybit defines them as: perpetual contracts priced and settled in USDT, tracking the price performance of traditional assets.
So you dont need to actually own an ounce of gold or a share of NVDA; you can gain price exposure via derivatives.
2️⃣ TradFi Perpetuals are NOT "buying US stocks"
If you trade NVDA on Bybit TradFi Perpetuals, you hold a derivative contract tracking NVDAs price.
Not the actual NVIDIA stock registered in a brokerage account.
Therefore you typically do NOT have:
❌ Stock ownership
❌ Voting rights
❌ Physical stock holding
❌ Traditional brokerage shareholder rights
Bybit explicitly states that TradFi Perpetuals are derivatives and do not represent ownership of the underlying asset, nor provide voting rights, dividends, or physical delivery.
So: TradFi Perpetuals = trading price, NOT buying the asset itself.
3️⃣ Why did Bybit create TradFi Perpetuals?
One of the biggest limitations of traditional finance is: trading hours.
US stocks have regular trading hours. Gold and oil have their own market schedules. But major news doesnt follow exchange hours, e.g.:
- Weekend geopolitical events
- Fed suddenly signals policy change
- Corporate earnings surprises
- Oil supply disruption
When traditional markets are closed, you may have to wait. The core selling point of Bybit TradFi Perpetuals is: 24/7 trading of traditional asset prices. Even when underlying markets are closed, the contract continues trading.
4️⃣ What can you trade on TradFi Perpetuals?
| Category | Instruments | Suitable For |
|---|---|---|
| 🥇 Gold & Silver | Gold, Silver | USD, Fed, CPI, geopolitics, safe-haven demand |
| 🛢️ Crude Oil | Crude Oil and energy commodities | OPEC+, US inventories, Middle East, global demand, USD |
| 📈 US Stocks | Large tech, popular US stocks, index products | Earnings, macro, sentiment |
Actual stock listings: check your TradFi → Futures page at the time.
5️⃣ Where is the TradFi Perpetuals entrance?
In late July 2026, Bybit launched the new TradFi Zone.
TradFi → Futures → TradFi Perpetuals.TradFi → Futures → TradFi Perpetuals.6️⃣ Can I still find TradFi Perpetuals in the old interface?
Yes. Bybit Help Center provides an alternative path:
If your App interface differs from tutorials: first confirm App is updated to the latest version.
7️⃣ Do I need a separate account for TradFi Perpetuals?
TradFi Perpetuals use your existing Unified Trading Account (UTA) and USDT balance.
No need for:
✅ New brokerage account
✅ New MT5 account
✅ Fund transfer to a separate CFD account
If you already trade BTC perpetuals on Bybit, TradFi Perpetuals will feel very familiar.
8️⃣ What conditions are needed before starting?
| Requirement | Description |
|---|---|
| 🪪 Complete KYC | Must complete Bybit identity verification |
| ⚠️ Accept TradFi Risk Disclosure | Required on first TradFi product trade |
| 🥇 Metals may need extra agreement | For XAUUSD, XAGUSD, may need Metals Agreement confirmation |
| 💰 Sufficient USDT in UTA | TradFi Perpetuals use USDT Margin |
| 🌍 Pass regional restrictions | Not available in all regions; check account page |
9️⃣ How to start if I dont have a Bybit account?
Process:
BYOFFICIAL registration → Email/phone verification → KYC → Google Authenticator / Passkey → Deposit USDT → Transfer to UTA → TradFi → Futures → Select US stocks, Gold, or Oil
🔟 How to place an order?
Similar to Crypto perpetuals. Enter TradFi → Futures, select instrument (e.g., Gold):
Limit / MarketBuy / Long or Sell / Short1️⃣1️⃣ What do Long and Short mean?
| Direction | Meaning | Profit If | Loss If |
|---|---|---|---|
| 🟢 Long | Expect price to rise | Price rises | Price falls |
| 🔴 Short | Expect price to fall | Price falls | Price rises |
This is a key difference from directly holding stocks or gold: you can short directly.
1️⃣2️⃣ Do TradFi Perpetuals have an expiry date?
No. Thats what "Perpetual" means.
Traditional futures have expiry months, but Bybit TradFi Perpetuals have no fixed expiry. Theoretically, as long as margin is sufficient, no liquidation, and contract exists, you can hold.
1️⃣3️⃣ Are there Funding Rates?
Yes. Bybit applies similar margin rules, funding rates, and liquidation logic as regular USDT perpetuals.
Your true holding cost isnt just opening fees; you must also consider Funding Fees. For long-term holdings, Funding may be more important than a single trade fee.
1️⃣4️⃣ Can TradFi Perpetuals be liquidated?
As long as margin trading is used, there is a possibility of Liquidation (forced close).
Bybit specifically reminds: TradFi Perpetuals are leveraged products with real liquidation risk.
So: Dont think "gold is stable" means 50x gold contracts are safe.
1️⃣5️⃣ Why can you trade when US stocks are closed?
This is the most special feature. TradFi Perpetuals run 24/7.
Even when NASDAQ, NYSE, or traditional commodity markets are closed, Bybit maintains contract operation via:
- Index Price
- Mark Price
- Traditional market reference data
- Price deviation control
Bybit states that TradFi Perpetuals index and Mark Price design has special handling for traditional market closure.
1️⃣6️⃣ Is it better to trade during market closure?
When underlying markets are closed:
❌ Liquidity may change
❌ Contract price may differ from future opening price
❌ Major news may cause sharp volatility
E.g., weekend geopolitical event → Bybit Gold Perpetual may spike violently → when traditional gold market reopens, price may reprice.
So: 24/7 TradFi is more suitable for those who understand derivatives and risk management.
1️⃣7️⃣ Differences between TradFi Perpetuals and Bybit CFD
This is the most confusing part of Bybit in 2026.
| Feature | TradFi Perpetuals | Bybit CFD |
|---|---|---|
| Nature | Bybit native perpetual contract | CFD (provided by Infra Capital, Mauritius FSC authorized) |
| Account | Existing UTA | MT5 CFD Account |
| Settlement | USDT | Per CFD rules |
| Trading Hours | 24/7 | Market hours |
| Expiry | None | May have |
| Interface | Similar to Crypto perpetual | MT5 |
| Funding Rate | Yes | CFD mechanism |
| Liquidation | Yes | Yes |
1️⃣8️⃣ Does Bybit CFD offer more assets?
Currently yes. Bybits Aug 2026 data shows Bybit CFD offers 500+ traditional financial instruments, covering forex, gold, stocks, indices, commodities. So if you want to trade many different US stocks or Forex, CFD usually has a wider selection.
1️⃣9️⃣ How to choose between CFD and TradFi Perpetuals?
| Your Need | Choose |
|---|---|
| Familiar Bybit perpetual interface | TradFi Perpetuals |
| 24/7 trading of core stocks | TradFi Perpetuals |
| More stock choices | Bybit CFD |
| Want to use MT5 | Bybit CFD |
| Avoid opening separate CFD Account | TradFi Perpetuals |
2️⃣0️⃣ How many US stocks on Bybit CFD?
Bybit Help Centers Apr 2026 TradFi/CFD specs listed:
- 60+ forex contracts
- 20+ indices
- 150+ US stock CFDs
- 6 gold/silver contracts
- 2 oil contracts
- 13 commodity contracts
By Aug 2026, total tradeable instruments expanded to 500+. This shows Bybits TradFi products are expanding rapidly.
2️⃣1️⃣ Is Bybit CFD leverage higher than TradFi Perpetuals?
Cannot compare all products with one number. Bybit CFD mentions forex can go up to 500x leverage. Stock CFDs have different limits. TradFi Perpetuals also set different leverage per contracts Risk Limit, Margin, and asset type.
2️⃣2️⃣ Should beginners use CFD or TradFi Perpetuals first?
| Your Background | Recommendation | Reason |
|---|---|---|
| Already trade BTC/ETH perpetuals | TradFi Perpetuals | Familiar interface, UTA, USDT margin, Funding, Long/Short |
| Already a Forex/MT5 trader | Bybit CFD | Has MT5, lots, Forex, CFD quotes, wider TradFi tools |
2️⃣3️⃣ How I would trade gold for the first time
TradFi → FuturesGold / XAU contract2️⃣4️⃣ What to note when trading US stock perpetuals for the first time?
Biggest special point: underlying stock has trading hours, but Bybit contract is 24/7.
So on weekends or after market close, pay special attention to:
- Contract liquidity
- Price deviation
- Opening Gap
- Earnings, company news (especially earnings season)
E.g., NVDA earnings with huge expectation gap → TradFi Perpetual may swing violently. Dont interpret 24/7 as all times having identical risk.
2️⃣5️⃣ What to most careful about with Oil perpetuals?
Oil is not a normal stock. Its easily affected by OPEC+, Middle East wars, inventories, sanctions, supply disruptions, global demand expectations. Short-term oil swings can be huge. With high leverage, even if direction is correct, mid-course volatility may liquidate you first.
2️⃣6️⃣ Where to fill BYOFFICIAL?
If you dont have Bybit yet: register with BYOFFICIAL. On registration page, confirm Referral/Affiliate Code is BYOFFICIAL before creating account.
After registration: complete KYC → deposit USDT → enter TradFi → Futures → check if account qualifies for TradFi Perpetuals.
2️⃣7️⃣ Can I use new user Bonus on TradFi Perpetuals?
After receiving new user rewards, always open Reward Details to check if applicable to TradFi Perpetuals.
Dont assume all Crypto contract Bonuses can be used for Gold/Stock/Oil.
2️⃣8️⃣ 5 Biggest Advantages of TradFi Perpetuals
✅ 2. USDT Settlement: Familiar to Crypto users.
✅ 3. No Separate Account: Directly use UTA.
✅ 4. Long/Short Convenient: Can go long or short.
✅ 5. Crypto + TradFi on Same Platform: BTC, ETH, Gold, Oil, Stocks managed in one Bybit ecosystem.
2️⃣9️⃣ 5 Biggest Risks of TradFi Perpetuals
⚠️ 2. Funding: Long-term holding may incur ongoing costs.
⚠️ 3. Price Deviation During Closure: Underlying market closed doesnt mean derivative has no volatility.
⚠️ 4. No Asset Ownership: Not actually buying stocks, gold, or oil.
⚠️ 5. High Leverage Amplifies Errors: TradFi assets look more stable than Crypto, but that doesnt mean high leverage is safe.
🔟🔟 Bybit TradFi Perpetuals FAQ
❓ What are Bybit TradFi Perpetuals?
Perpetual derivatives priced and settled in USDT, tracking prices of US stocks, gold, silver, crude oil, and other TradFi assets.
❓ Can TradFi Perpetuals be traded 24 hours?
Yes. Bybit currently designs them for 24/7 trading.
❓ Are US stock TradFi Perpetuals real stocks?
No. You trade derivative contracts, not stock ownership.
❓ Can gold TradFi Perpetuals deliver physical gold?
No. No physical delivery. Essentially still a price derivative.
❓ Do Bybit TradFi Perpetuals need MT5?
No. Use existing UTA. MT5 CFD Account is for Bybit CFD.
❓ Did Bybit TradFi change its name to CFD?
Need to distinguish. The product formerly called TradFi/MT5 CFD was renamed Bybit CFD in July 2026. But TradFi Perpetuals remain a separate native perpetual product in Bybit TradFi Zone.
❓ Where in the App?
After updating to supported version, bottom TradFi → Futures.
❓ What Bybit referral code to use?
This article uses BYOFFICIAL.
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TradFi Perpetuals and Bybit CFD.
If youre already a Crypto perpetual trader, TradFi Perpetuals are easier to start with, because they:
📌 Use UTA → 📌 USDT as margin → 📌 Support Long/Short → 📌 No fixed expiry → 📌 Have Funding & Liquidation → 📌 Can 24/7 trade US stocks, gold, oil prices.
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