Derivatives platform Roxom has enabled trading of perpetual oil futures (OIL). OIL is a financial instrument that allows you to trade the price of West Texas Intermediate (WTI) crude oil using Bitcoin (BTC) as your unit of account and collateral.
Until now, energy contracts on most exchanges and brokers were priced almost exclusively in US dollars, fiat currencies, or stablecoins.
The new contract eliminates the dollar as an intermediary in the operation. of 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 temporarily coincides with the global energy supply crisis. As reported by CriptoNoticias, after hostilities began between the United States, Israel, and Iran on February 28, 2026. Strait of Hormuz remains closed. 20% of the world’s oil consumption passes through this sea route.
The International Energy Agency (IEA) warned that restoring supplies could take up to six months. In the face of this situation, countries such as South Korea, Japan and Spain have activated emergency plans, including the use of strategic reserves and forced savings measures, to reduce the impact on the Consumer Price Index (CPI).
In this scenario, The OIL-BTC pair allows traders to trade oil price fluctuations without giving up Bitcoin exposure.. For example, if oil prices rise but Bitcoin prices fall due to a decrease in market liquidity that is considered risky, this forever future position will capture the divergence in a single move.
Contract technical specifications
The OIL-BTC contract has operational differences compared to traditional futures markets. In the statement shared by Roxom with CriptoNoticias, several technical characteristics can be read.
- Contract size: It is structured in 10-barrel increments, as opposed to the 1,000 barrels that are standard in the institutional market.
- Leverage: This platform allows you to operate with margins of up to 10x the collateral you deposit.
- Maturity: Since it is a perpetual swap, it has no expiry date and traders do not need to close or update their positions regularly.
This contract joins other similar products available on the platform, including the Bitcoin against Gold pair (Gold-BTC) and the S&P 500 Index (US500-BTC).
