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Intercontinental Exchange joins OKX to launch always-open Brent and WTI perpetual futures for crypto users

Intercontinental Exchange and crypto exchange OKX will list perpetual oil futures tied to ICE Brent and WTI, bringing 24/7 crude exposure to OKX users.

May 22, 20261:40 PMNewsroom AI

Intercontinental Exchange (ICE), owner of the New York Stock Exchange, is partnering with crypto exchange OKX to list perpetual (never‑expiring) oil futures that track ICE Brent and WTI benchmarks on OKX’s derivatives platform, enabling around‑the‑clock crude exposure for crypto traders [1] [2] [3].

OKX will offer the contracts in jurisdictions where it is licensed to provide perpetual futures, and the partnership could extend ICE‑based prices to OKX’s global user base of roughly 120 million customers [1] [4].

The announcement follows strong market interest in perpetual oil products: Hyperliquid’s never‑expiring oil contracts recently posted more than $1.6 billion in 24‑hour trading volume, underscoring demand for continuous oil derivatives in crypto markets [1] [2].

ICE will provide regulated futures prices as the reference for the new perpetual contracts, linking traditional energy benchmarks with crypto derivatives liquidity [2] [3].

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