The derivatives platform Roxom enabled the trading of a perpetual oil future (OIL), a financial instrument that allows trading the price of West Texas Intermediate (WTI) crude oil using bitcoin (BTC) as a unit of account and collateral.
Until now, energy contracts on most exchanges and brokers were almost exclusively priced in US dollars, fiat money or stablecoins.
This new contract eliminates the dollar as an intermediary in the operation. The Traders can now take long or short positions based on the direct value relationship between oil and bitcoin.
The launch of the OIL-BTC pair temporally coincides with a crisis in global energy supply. As CriptoNoticias has reported, after the start of hostilities between the United States, Israel and Iran on February 28, 2026, The Strait of Hormuz remains blocked. 20% of global oil consumption passes through this maritime passage.
The International Energy Agency (IEA) has warned that restoring supply could take up to six months. Faced with this situation, countries such as South Korea, Japan and Spain have activated emergency plans that include the use of strategic reserves and forced savings measures to mitigate the impact on the consumer price index (CPI).
In this scenario, OIL-BTC pair allows traders to trade oil price movements without giving up bitcoin exposure. For example, if the price of oil rises, but the price of bitcoin falls due to a reduction in liquidity in markets considered risky, the position in this perpetual future captures the divergence in a single movement.
Contract technical specifications
The OIL-BTC contract presents operational differences compared to traditional futures markets. In a statement that Roxom shared with CriptoNoticias you can read some technical characteristics:
- Contract size: It is structured in units of 10 barrels, which contrasts with the 1,000 barrel standard in institutional markets.
- Leverage: The platform allows you to operate with a margin of up to 10 times the collateral deposited.
- Maturity: Being a perpetual swap, it has no expiration date, which prevents the trader from having to close or renew the position periodically.
This contract joins other similar products available on the platform, such as bitcoin pairs against gold (Gold-BTC) and the S&P 500 index (US500-BTC).