A future for perpetuals on traditional assets @Architect_Fi has been engaging with industry participants over the last several months on the question of bringing perpetual futures on traditional assets to market. Along with my team and many in the industry, I see perpetuals as

Two new currency perpetuals lighting up on AX, JPY and MXN. We’re proud to be the first exchange or venue to launch a perpetual future on the Mexican Peso.

AX has listed JPYUSD-PERP and MXNUSD-PERP, perpetual futures on the Japanese Yen and Mexican Peso to USD exchange rates.

One month after going live with EUR perpetuals, Architect has 7x the liquidity of Hyperliquid and 2.5x the liquidity of Lighter at equivalent depth, 840k EUR on Architect within 10bps of the top of book.

Architect team onsite in Chicago this week!

Architect team is cooking: You can now trade single stock perpetuals on AX in addition to metals and foreign currencies. Perpetuals on indexes and compute are next!

Single stock perpetuals are live on AX! Sign up to trade TSLA, NVDA, and more.

In the eleven days since this post, we have hired or have offers in process with new team members in Brazil, Portugal, Singapore, Switzerland, Nigeria, UK, Hong Kong, and Türkiye 🔥

If you’re an institution interested in trading perpetual futures on compute, currency rates, metals, and single stocks, reach out to us.

Also see our press release:

Read more about our compute perpetuals in The Block:

We have a fantastic partner in Ornn, a new @CrucibleCap-backed index provider with expert support from angels at Palantir and OpenAI. Their products reflect the team’s technological sophistication and prescient understanding of the financialization of compute.

AX’s compute perpetuals will be suitable for AI companies, datacenter operators, lenders, hardware vendors, market makers, speculators, arbitrageurs and traders that contribute to liquidity formation in existing derivatives markets.

As with the raw inputs to any other manufacturing process, compute-linked assets require mature derivatives markets to provide price discovery, volatility stability, and cash-flow certainty to both producers and consumers.

GPUs, the processors that power AI model training and inference, and DRAM, the high-speed memory essential for compute performance, have emerged as a critical new asset class in a global economy with LLMs integrated into every sector’s applications.

In the coming weeks, Architect is rolling out another financial-industry first: perpetual futures on compute, including GPU rental costs and DRAM prices. We’re proud to partner with @OrnnExchange on this new offering.

Gold and silver are now live and trading on Architect’s perpetuals exchange, AX! Some thoughts on precious metals, both in general and regarding perpetuals on metals: Our launch coincides with gold and silver spot prices hitting all-time highs, as additional trade wars loom and

Today we’re launching XAU-PERP and XAG-PERP on AX, perpetual futures on spot gold and spot silver. Institutions can email sales@architect.co for an invite code to sign up and trade.

The intake process for institutional onboarding to AX is now automated. Firms can complete KYB entirely within the AX exchange interface. Get in touch for an invite code to trade traditional asset perps: sales at architect dot co

High interest rates, elevated volatility, and correlations to Brazilian commodity exports make BRL a perfect currency to trade in perp form. We’re excited to list BRLUSD-PERP on AX to provide hedgers and speculators a capital efficient vehicle to take long and short BRL positions

Today we’re launching BRLUSD-PERP on AX, perpetual futures on the Brazilian Real to USD conversion rate. Institutions can email sales@architect.co for an invite code to sign up and trade.