Markets and instruments · 7 min read · Updated September 7, 2026

BRVX lists 41 instruments across crypto, US and Asian equities, commodities, an index and forex. Every one of them is a perpetual futures contract quoted against USDT — not the underlying asset, and not a tokenised claim on it.

On this page
  1. Everything is quoted in USDT
  2. What an equity perpetual on BRVX is — and is not
  3. Why the 24/7 mismatch matters
  4. What every contract on the venue has in common
  5. Availability

The list below is the whole venue. It matters less which names are on it than what the contracts are: every market on BRVX is a perpetual future, cash-quoted in USDT, with no expiry date and no delivery of anything. That single fact decides what you own, what you owe and what happens when the underlying market closes.

The 41 instruments

Asset classInstrumentsWhat the contract tracks
Crypto18Digital asset prices. The only class whose underlying market also runs 24/7.
US equities15Listed US share prices. The underlying exchange is closed for most hours of the year.
Asian equities2Listed Asian share prices, on their own local exchange hours.
Commodities4Commodity reference prices.
Index1A market index rather than a single name.
Forex1A currency pair.

Everything is quoted in USDT

There is one quote currency across the venue. A Bitcoin perpetual, a US equity perpetual and a commodity perpetual are all priced and quoted in USDT.

Margin can be posted in USDC, BTC, ETH, USDT, SOL or BNB on every market, so you can hold exposure to a share price and a commodity price with the same tokens. Add up total size across positions before you open another one.

What an equity perpetual on BRVX is — and is not

This is the part worth reading twice, because the market is full of products that look similar and are not.

BRVX equity perps are synthetic positions quoted in USDT. They are not tokenised equities. There are no shares held behind them, no claim on the company, no entitlement of any kind. The contract gives price exposure and nothing more.

Some other venues issue instruments backed one for one by real shares held in custody. BRVX does not. If a claim on the underlying share is what you want, BRVX is not the product for you — buy the share through a broker.

  • No ownership and no shareholder rights.
  • No dividends. A long position still takes the mechanical drop on the ex-dividend date.
  • No vote, no register entry, no claim in a corporate action.
  • Cash settlement in USDT, always.

Why the 24/7 mismatch matters

A crypto perpetual always has a live spot market behind it. An equity, commodity or index perpetual does not: a US listing trades about six and a half hours a day, five days a week, and the contract runs through every hour in between.

When the underlying market is closed, two things weaken at once. There is no live quote to reference, and nobody can hedge in the underlying. The contract price comes largely from its own order book, which is thinner outside the session — so the same position size behaves differently at three in the morning on a Saturday than it does mid-session on a Tuesday.

What every contract on the venue has in common

Whatever the asset class, the mechanics are the same. Learning them once covers all 41 markets.

  • No expiry and no roll date. The position stays open until you close it or it is liquidated.
  • Long and short are equally available. Going short needs no borrow and no locate.
  • Size is set in notional, so you are never forced into whole units or whole shares.
  • Funding settles hourly and is charged on notional, not on margin.
  • Maximum leverage is set per instrument, from 5x up to 150x on the most liquid crypto markets.
  • Liquidation is automatic once maintenance margin is breached.

Availability

BRVX does not provide services to U.S. citizens, U.S. residents or persons located in the United States. Availability of individual markets may also vary by jurisdiction, platform stage and risk controls.

Related to What you can trade on BRVX