In the crypto contract market, the vast majority of innovations revolve around two directions: higher leverage or more complex trading tools. However, a long-overlooked issue has persisted over the past few years: is the barrier to entry for mainstream market participation truly low enough?
Article author: SuperEx
Article source: ME News
In the crypto contract market, the vast majority of innovations revolve around two directions: higher leverage or more complex trading tools. However, a long-overlooked issue has persisted over the past few years: is the barrier to entry for mainstream market participation truly low enough?
For most users, the answer is no.
Whether it's a USDT-margined contract or a cryptocurrency-margined contract, almost all mainstream contract products assume that users need to complete a crucial step first: converting their assets into a "recognized settlement currency." In real-world trading, this step often means additional slippage, transaction fees, timing costs, and, more importantly, a psychological barrier.
This has directly led to more valuable altcoins remaining in the spot trading and long-term holding areas for a long time, with limited capital utilization efficiency and difficulty in directly participating in mainstream market fluctuations.
Restructuring how crypto contracts are participated in and unlocking the value ceiling of altcoins has become a common desire for most crypto contract participants.
SuperEx's world-first product, "All-Currency Contracts," addresses this long-neglected structural problem with a different solution: it is no longer designed around "settlement currency," but rather around "user assets."
Unlike traditional contract products, SuperEx All-Currency Contracts does not use USDT or mainstream coins as the default entry point. Instead, it allows users to use smaller coins as margin and profit/loss settlement assets to participate in the market trends of mainstream indices such as BTC and ETH.
This means that a small coin that could previously only lie dormant in a spot account is no longer just a passive asset "waiting for market movements," but a trading tool that can directly participate in the fluctuations of the mainstream market.
From a product logic perspective, this is not a simple adjustment to the settlement method, but a shift in perspective: the platform no longer requires users to "adapt to the contract structure," but instead allows the contract structure to adapt to the user's actual asset composition.
In the current market environment where the holding ratio of small-cap cryptocurrencies is generally high, but the trading concentration of mainstream market trends is extremely high, this design is obviously closer to the real needs.
SuperEx's all-currency contract trading will be available on its app on January 10, 2026. You can download the app in advance from the App Store and Google Play and click to participate quickly.
Lowering the capital threshold for participating in mainstream contracts, eliminating the need to switch USDT, and making it easy to participate in mainstream market trends.
No need to exchange smaller coins for USDT or BTC
Reduce currency exchange friction and potential slippage losses
More flexible fund management methods
In short: Users can access mainstream trading scenarios without exchanging smaller cryptocurrencies for USDT or other assets, avoiding exchange costs and reducing the psychological and decision-making pressure caused by asset fluctuations. For many users, smaller cryptocurrencies are long-term assets, while mainstream cryptocurrency trading presents short-term opportunities. This product combines the two, catering to both long-term investment and flexible trading needs.
Index pricing combined with a perpetual mechanism makes it possible for smaller cryptocurrencies to participate in mainstream market trends.
The key to supporting this model lies in SuperEx's adoption of a multi-exchange weighted index pricing mechanism, combined with a mature perpetual contract structure.
The index price is formed by weighting across multiple platforms.
Effectively filters noise and abnormal fluctuations.
Liquidation and settlement are based on the marked price.
Taking into account both fairness and stability
Users are not trading the price fluctuations of altcoins themselves, but rather the average trend of mainstream assets like BTC and ETH across the entire market. This not only reduces price distortion caused by insufficient liquidity in a single trading session, but also ensures that trading activities truly revolve around the mainstream market trends. Especially when altcoins have limited liquidity and thin order books, they are prone to sudden price shocks, "flash crashes," or violent and abnormal fluctuations, leading to unpleasant experiences such as accidental liquidation.
In other words, smaller cryptocurrencies are merely vehicles for funds, and their price movements are anchored to the mainstream market consensus.
This structure makes the trading experience closer to the logic of "index contracts" in traditional finance, while retaining the advantages of the crypto market's flexible asset forms and open settlement boundaries.
For users, this represents an upgrade in asset efficiency.
In the traditional model, users of small-cap cryptocurrencies often face a dilemma: continue holding long-term, missing out on short-term market opportunities; or sell and exchange for USDT to participate in trading, but lose exposure to their original assets.
The emergence of multi-currency contracts has made these two things no longer mutually exclusive for the first time.
Users can participate in mainstream market trends directly without selling or exchanging tokens; profits and losses are settled in the original currency, avoiding the management complexity caused by frequent asset switching. This provides a more balanced path for users who want to invest in the altcoin ecosystem in the long term but also want to grasp mainstream trends.
From this perspective, this is not just "a new contract product," but a way of using assets that moves from passive holding to active management.
For the industry, this represents a loosening of the contractual structure.
More importantly, the significance of multi-currency contracts is not limited to a single platform.
For a long time, the crypto contract market has been highly concentrated on a few settlement assets, which, while improving liquidity, has also limited the scope for participation with diverse asset portfolios. SuperEx, through its combination of index-anchored settlement and multi-currency settlement, has effectively provided a new structural model for the contract market.
This proves one thing: the right to trade in mainstream markets is not necessarily tied to a particular settlement currency.
If this model is more widely accepted, the future contract market may gradually shift from "centralized settlement coins" to "diversified asset entry points".
In conclusion
On the surface, SuperEx's all-currency contracts address the question of "which currency to trade with"; but at a deeper level, it touches on a more fundamental issue: who can participate in the market more naturally.
l When the contract no longer requires the user to complete the asset conversion first;
l When small-cap coins are no longer just marginal positions;
l When the transaction structure begins to be designed around the distribution of real assets.
The way people participate in the crypto market is also quietly changing, which is perhaps the most noteworthy aspect of this product.
