KuCoin Expands Trading Options with Nike and Shipping ETF Perpetuals

Key Summary

KuCoin has launched perpetual contracts tracking Nike, Accenture, and the Breakwave Tanker Shipping ETF, offering 20x leverage and settling in USDT. These synthetic derivatives don't grant ownership rights, but rather track price movements. The 24/7 structure creates unique market dynamics, with potential for wider gaps between perpetual and cash prices.