XT Exchange Launches USDT‑Settled Equity‑Tracking Perpetual Futures

XT Exchange has introduced USDT‑settled perpetual futures that track the price movements of selected equities. The contracts, available to eligible crypto users, provide price exposure rather than actual ownership of the underlying shares. They operate within XT’s futures interface and include standard margin, funding, and liquidation rules. The product allows traders to express views on a company’s price around events such as earnings announcements, but the instrument’s terms—such as funding payments and liquidation thresholds—mean that a profitable long‑term view on the company does not guarantee the position will survive until the expected recovery. Conversely, investors seeking shareholder rights must use a different product, as the futures do not confer ownership or voting rights. The availability of both spot tokenized products and equity‑tracking futures on the same exchange account lets users choose the instrument that matches their investment goal and holding period, while keeping workflow changes minimal for existing traders.