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Join waitlistTrade agricultural commodities, hard commodities, rare earths, emerging-market FX, macro indicators, sovereign bond yields, and crypto-native indexes — all settled in USDT.
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While the industry races to offer the same BTC and ETH perpetuals, Sidax builds the markets no one else does. Trade agricultural commodities, hard commodities, rare earths, emerging-market FX, macro indicators, sovereign bond yields, and crypto-native indexes — all as orderbook perpetuals settled in USDT.
Wheat, corn, soy, coffee, cocoa, sugar, cotton, and rice perpetuals — within crypto, the biggest untouched derivatives market.
Gold, silver, copper, and energy benchmarks — the world's most-traded metals and fuels as USDT-settled perpetuals.
The oxides powering EVs and wind turbines — neodymium, dysprosium, terbium, and more.
High-yield EM pairs with genuine local demand: TRY, BRL, ZAR, MXN, INR, KRW.
Raw economic statistics and policy expectations as perpetuals: CPI, unemployment, GDP, Fed funds, NFP, and PCE.
Perpetuals on sovereign benchmark yields: US, Japan, and China across 2Y, 10Y, and 30Y tenors.
Exposure to crypto phenomena without trading the tokens: hashrate, gas, funding rates, depeg risk, volatility.
Perpetuals on the world's most-watched equity benchmarks: S&P 500, Nasdaq-100, Dow, Shanghai Composite, and Hang Seng.
New categories are added based on trader demand and market feasibility. Sign up to vote on what's next.
Agricultural commodities are one of the largest financial markets still untapped by crypto. Corn, wheat, and soybeans trade nearly around the clock on established global exchanges, with real, news-driven volatility from weather, conflict, export restrictions, and policy shifts in emerging economies. Sidax lists these markets as orderbook perpetuals settled in USDT — tickers no other exchange offers — giving traders a clean way to express a view on the world's most essential markets.
Pricing is anchored to established global benchmarks for these commodities, with funding adjusted to reflect seasonal supply-and-demand conditions.
| Ticker | Underlying | Why it works |
|---|---|---|
| WHEAT/USDT | Soft Red Winter Wheat | Global food-security proxy; volatile around weather, war, and export bans. |
| CORNX/USDT | Corn | Biofuel and feed demand; deep global liquidity. |
| SOYBN/USDT | Soybeans | China import demand; seasonal volatility. |
| COFFE/USDT | Arabica Coffee | Weather-sensitive; 100% annualized volatility is common. |
| COCOA/USDT | Cocoa | Supply-concentrated in West Africa; prone to parabolic moves. |
| SUGAR/USDT | Raw Sugar | Correlated with ethanol policy and BRL currency moves. |
| COTTN/USDT | Cotton | Textile demand and drought sensitivity. |
| RICEX/USDT | Rough Rice | Asian market hedge; geopolitical sensitivity. |
Gold, silver, copper, and crude oil are among the most traded assets on earth — gold alone clears more daily notional than most equity markets — yet no major crypto venue lets traders touch them. These are the assets the world actually uses to hedge inflation, war, and macro stress, and they trade with deep liquidity around the clock. Sidax lists the world's benchmark metals and energy markets as orderbook perpetuals settled in USDT — the markets every trader watches, finally on crypto rails.
Pricing is anchored to leading global benchmarks — London spot fixes for precious metals, exchange benchmarks for copper and energy — with funding reflecting storage, lease, and roll costs unique to each market.
| Ticker | Underlying | Why it works |
|---|---|---|
| GOLDX/USDT | Gold (XAU spot) | The world's oldest store of value; the default hedge against inflation and geopolitical stress. |
| SLVRX/USDT | Silver (XAG spot) | Monetary and industrial metal; higher beta to gold with solar-demand tailwinds. |
| COPPR/USDT | Copper (LME benchmark) | "Dr. Copper" — the market's growth gauge; electrification supercycle demand. |
| BRNTX/USDT | Brent Crude Oil | The global crude benchmark; OPEC, war, and demand-cycle driven. |
| NATGX/USDT | Natural Gas (Henry Hub) | Weather and storage driven; among the most volatile commodities on earth. |
| PLTNX/USDT | Platinum | Rarer than gold; autocatalyst and hydrogen-economy demand. |
| PALLX/USDT | Palladium | Russia/South Africa supply concentration; automotive catalyst demand; historically more volatile than platinum. |
Rare earth elements power the modern economy — neodymium and dysprosium go into every EV motor and wind turbine — and China controls the overwhelming majority of global refining capacity. As export controls tighten and prices swing violently, there is still no practical way for traders to take a position. Sidax lists the key rare earth oxides as orderbook perpetuals settled in USDT, opening one of the most strategic and least-served commodity markets in the world.
Pricing tracks published rare-earth oxide benchmarks, with funding reflecting the thin physical liquidity and quarterly pricing cycles typical of these markets.
| Ticker | Underlying | Why it works |
|---|---|---|
| NDPRX/USDT | Neodymium-Praseodymium Oxide (NdPr) | The workhorse of the magnet supply chain; EV and wind-turbine demand; the most-watched rare earth price. |
| DYSOX/USDT | Dysprosium Oxide | Heavy rare earth critical for high-temperature magnets; extreme supply concentration. |
| TERBX/USDT | Terbium Oxide | The smallest, tightest rare earth market; prices move violently on export news. |
| CEROX/USDT | Cerium Oxide | Most abundant rare earth; polishing and catalyst demand. |
| LANOX/USDT | Lanthanum Oxide | Battery and catalyst input; China quota sensitive. |
| YTTOX/USDT | Yttrium Oxide | Defense and specialty ceramics; niche but strategic. |
Emerging-market currencies are among the most actively traded and volatile assets in the world, moving 2–5% in a single day and serving millions with limited access to onshore FX markets. Until now, crypto venues have largely offered only major G7 pairs. Sidax opens exposure to high-yield EM currencies — the pairs with the strongest demand and the most meaningful price swings.
Pricing follows widely used global foreign-exchange reference rates, with safeguards in place to handle market closures and gaps between trading sessions fairly.
| Ticker | Underlying | Why it works |
|---|---|---|
| USTRY/USDT | Turkish Lira | Chronic inflation, 40%+ annual depreciation, massive retail speculation. |
| USBRL/USDT | Brazilian Real | Commodity-linked; volatile around elections and central-bank policy. |
| USZAR/USDT | South African Rand | Deep liquidity; gold-price correlation. |
| USMXN/USDT | Mexican Peso | USMCA trade flows; nearshoring narrative. |
| USINR/USDT | Indian Rupee | Massive retail population with limited FX access. |
| USKRW/USDT | South Korean Won | Crypto-savvy population; Kimchi premium history. |
Raw economic data moves every asset class, yet no venue lets traders take a direct position on the numbers themselves. Sidax makes headline indicators — inflation, growth, employment — tradable as perpetuals, turning periodic data releases into an opportunity to express a view before and after the print.
Pricing tracks the market's expectations between releases and aligns to the officially published figure once available, with funding that smooths the transition.
| Ticker | Underlying | Why it works |
|---|---|---|
| USCPI/USDT | US Consumer Price Index (monthly YoY) | The most watched number in global finance. |
| USUNE/USDT | US Unemployment Rate | Labor market health proxy. |
| USGDP/USDT | US GDP Growth Rate (quarterly) | Recession/expansion signal. |
| FEDRT/USDT | Implied Fed funds rate | Macro traders hedge rate risk; updates daily. |
| USNFP/USDT | Implied Non-Farm Payrolls surprise index | Economic data-release speculation. |
| USPCE/USDT | Implied YoY PCE print (from inflation swaps) | Inflation hedge without bond complexity. |
Government bond yields are the risk-free backbone of global finance — the rates that price every asset from mortgages to equities. Sidax lists the benchmark sovereign yields of the US, Japan, and China as USDT-settled orderbook perpetuals, giving traders a direct way to express a view on the yield curve without holding a single bond.
Pricing tracks the underlying sovereign benchmark yield around the clock, with funding reflecting the term premium and carry between tenors.
| Ticker | Underlying | Why it works |
|---|---|---|
| US02Y/USDT | US 2-Year Treasury Yield | Most rate-sensitive tenor; tracks Fed policy expectations. |
| US10Y/USDT | US 10-Year Treasury Yield | Interest-rate risk without bond duration. |
| US30Y/USDT | US 30-Year Treasury Yield | Maximum duration exposure for expressing a view on long-term rates and the shape of the curve. |
| JP02Y/USDT | Japan 2-Year Government Bond Yield | The most BOJ-sensitive tenor; a direct expression of Japan's policy-normalization bets. |
| JP10Y/USDT | Japan 10-Year Government Bond Yield | The epicenter of BOJ policy and global carry-trade unwinds. |
| JP30Y/USDT | Japan 30-Year Government Bond Yield | Long-duration JGB exposure; BOJ policy and carry-trade proxy. |
| CN02Y/USDT | China 2-Year Government Bond Yield | The most policy-sensitive tenor of Chinese rates. |
| CN10Y/USDT | China 10-Year Government Bond Yield | China sovereign benchmark; growth and policy sentiment. |
| CN30Y/USDT | China 30-Year Government Bond Yield | Long-duration exposure to China's growth and policy outlook. |
Some of crypto's most valuable insights aren't tokens at all. Sidax lets traders take positions on the underlying metrics and phenomena that move the market — without needing to hold the asset itself. It's novel exposure and hedging for crypto-native traders who think in terms of network activity, volatility, and market structure.
Pricing is derived from transparent, widely available crypto market data, with funding reflecting prevailing network and volatility conditions.
| Ticker | Underlying | Why it works |
|---|---|---|
| BHASH/USDT | Bitcoin Network Hashrate | Miner economics; halving sensitivity. |
| ETGAS/USDT | Ethereum Average Gas Price (gwei) | Network demand proxy; L2 competition hedge. |
| FUNDX/USDT | Average Funding Rate Index (BTC+ETH across top 5 CEXs) | Trade the cost of carry itself. |
| DEPEG/USDT | Top 3 Stablecoins Index (USDT, USDC, DAI) | Stablecoin depeg risk across the top 3; inverse correlation to FUD. |
| CVIXX/USDT | Crypto Volatility Index (30-day realized) | Academic research exists, but no major exchange offers it as a tradeable perpetual. |
Equity indices are the most liquid, most-watched price series on earth — yet no crypto venue lets you trade them directly. Sidax lists the US big three and China's leading benchmarks as USDT-settled perpetuals, giving traders 24/7 exposure to global equities without a brokerage account, market hours, or holding a single share.
Pricing tracks the underlying index's reference level around the clock, with funding reflecting dividends and the cost of carry.
| Ticker | Underlying | Why it works |
|---|---|---|
| SP500/USDT | S&P 500 Index | The benchmark for US large-cap equities; the world's most-traded index. |
| NQ100/USDT | NASDAQ-100 Index | Big-tech and growth exposure; the go-to index for leveraged plays. |
| DJI30/USDT | Dow Jones Industrial Average | 30 blue-chip stalwarts; the classic barometer of the US economy. |
| SHCOM/USDT | Shanghai Composite Index | Mainland China's flagship equity benchmark. |
| HSIDX/USDT | Hang Seng Index | Hong Kong's flagship benchmark; the gateway to Chinese equities for global capital. |
Sidax is built for traders who are bored of the same BTC and ETH perps. Sign up for early access, reduced fees, and a front-row seat to orderbook markets that no other exchange lists.
Sign upEverything you need to know about trading the untradeable on Sidax.
Every market is anchored to an established reference benchmark — an exchange price, an index, or an official statistic — aggregated from multiple independent providers into a single mark price. A bounded deviation band plus funding keeps the perpetual pinned to that real-world reference.
Funding is computed per market to reflect its actual cost of carry, never a flat rate. Hard commodities price in storage, lease and roll costs; bond yields price in the term premium and carry between tenors; EM FX prices in the interest-rate differential; and event markets decay toward the expected outcome.
Markets anchored to scheduled statistics open a settlement window around each release. The contract converges to the published figure once the official source is available, and positions are marked against that value. Around the window, leverage is reduced and funding paused to prevent manipulation during the print.
Every market runs the same risk engine as the deepest perpetuals: isolated margin, a per-market maintenance requirement, and liquidation against the mark price rather than the last trade. Thinner markets get more conservative initial leverage and tighter position limits — not looser risk controls.
Each underlying is bound to a published reference: a named benchmark price for an oxide, a specific sovereign tenor for a yield, an official statistic for a macro indicator. That reference is documented in each market's contract spec, so you always know exactly what settles your position.
Sidax is KYC/AML-compliant from day one, and launch is tiered by jurisdiction. Your access tier is set by your country of residence, and identity verification is required before you can deposit or trade. Jurisdictions are added as local licensing and compliance are completed.
The mark price stays anchored to the reference benchmark with a bounded deviation band, while funding continuously prices the gap between the perpetual and the underlying. Arbitrageurs are paid to close that gap, so the contract can't drift far from real-world value between official prints.
Designated market makers seed each orderbook at launch under liquidity-provision agreements. An insurance fund backstops positions, with auto-deleveraging reserved for extreme tail events — Sidax does not socialize losses across unrelated markets.
Each crypto-native market is tied to a public, auditable metric — a hashrate estimate, a funding-rate index, a peg deviation feed. The source and methodology are published in the contract spec, and the metric is aggregated from multiple independent providers under a documented rule.
Base taker fees are 0.1%, with a maker rebate on qualifying markets. Waitlist members get reduced fees at launch, and higher volume tiers unlock progressively better rates across every market.