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Blum, a crypto ecosystem built inside Telegram, launched perpetual futures trading on its platform. The launch will give its reported 95 million users access to leveraged trading without leaving the messaging app.
Perpetual Futures on Blum
According to the media release, the new feature allows users to go long or short on 20 assets, including Bitcoin, Ethereum, TON, and the $BLUM token, with stop-loss and take-profit options integrated into Telegram’s interface.
The firm noted that unlike traditional futures, perpetual futures contracts have no expiry date, enabling traders to hold positions for varying durations.
Blum said the integration is designed to simplify access to advanced trading tools, removing the need for separate downloads, browser extensions, or seed phrases.
“This is not just another feature – it’s a step change in how people can trade, learn, and build strategies right where they already spend their time, inside Telegram.”
Gleb Kostarev, Co-Founder & CEO of Blum
They also noted that the launch follows the company’s expansion into listings for $BLUM on major exchanges such as Binance Alpha, Bitget, KuCoin, MEXC, Gate.io, and HTX.
“Blum is more than a single product – it’s a Web3 trading ecosystem designed to make advanced tools accessible to everyone, right where they already are… The launch of Perps strengthens that strategy, adding a powerful new layer to our ecosystem that combines simplicity, security and transparency for both newcomers and professional traders alike.”
Vladimir Masliakov, Co-Founder and CTO, Blum
What are Perpetual Futures
Perpetual futures are derivatives that allow traders to speculate on asset prices without an expiration date.
Unlike traditional futures, they are cash-settled, do not require rollover, and use a funding rate mechanism to stay aligned with spot prices.
They typically offer high leverage, making them attractive for both speculation and hedging. Their popularity comes from flexibility, liquidity, and risk management benefits, especially in crypto markets.
Recent Blum Developments
According to the company, more than 700,000 users already trade through its Telegram bot, contributing to over $270 million in trading volume across its products.
The media release noted that Blum also announced partnerships with other entities to expand payment and liquidity options, alongside an education initiative to guide Telegram-native users in trading strategies.
“We’re investing in tools that matter – from Perps and listings on Binance Alpha and $BLUM token integration with BNB Chain, to strategic partnerships with Paybis, Aeon, and Alchemy Pay – because the future of trading is about simplicity, safety, and accessibility for the next generation of crypto users.”
Gleb Kostarev, Co-Founder & CEO of Blum
Last April, Blum confirmed the $BLUM token airdrop on Telegram. The token was noted to serve as a utility asset within the Blum ecosystem, supporting trading fees, staking, farming, and access to launchpad features.
In November last year, Blum launched the beta version of its Memepad, a Telegram mini-app feature that lets users create meme coins or altcoins in just 30 seconds, with TON-based wallet integration and automatic liquidity pool setup once funding targets are met.
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