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Crypto.com and OG.com launch US crypto perpetuals with up to 5x leverage

The Block reports that Crypto.com and OG.com launched US crypto perpetual contracts offering up to 5x leverage. The post states the contracts have no expiration date and let traders bet on crypto prices rising or falling.

Why “Unverified”

  • Reported by The Block alone, with no second source or primary confirmation yet

1 independent source group across 1 post · evidence score 60/100. How labels work

What the sources claim

  1. Crypto.com and OG.com launched US crypto perpetual contracts with leverage of up to 5x.

    “Crypto.com and OG.com launch US crypto perps with up to 5x leverage”
    The Block

  2. The perpetual contracts have no expiration date and allow traders to bet on crypto prices rising or falling.

    “The contracts have no expiration date and allow traders to bet on crypto prices rising or falling.”
    The Block

Sources

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Summary and claims extracted by AI with prompt analyze-story@5 on 2026-10-27 17:10 UTC. Labels are computed from the sources, not by the model.