On May 1, 2025, a piece of news from Roswell, New Mexico, shocked the cryptocurrency community – this small city with a population of less than 50,000 officially announced the establishment of a municipal-level strategic Bitcoin reserve, becoming the first city in the United States to incorporate BTC into its fiscal system. Behind this groundbreaking move is the structural change undercurrent in the crypto derivatives market, and XBIT (dex Exchange) is becoming one of the biggest beneficiaries of this wave with its innovative advantages in BTC perpetual contract products.
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Local fiscal reform triggers a chain reaction
According to The Defiant, the Roswell City Government’s decision was based on an anonymous donation of 3,000 BTC. After completing the legal framework, the city council member publicly stated: “Bitcoin’s anti-inflation properties and decentralized nature make it an ideal tool for diversifying fiscal risks.” This statement echoes the trend of state governments such as Texas and Florida secretly exploring BTC reserves. XBIT (dex Exchange) monitoring data shows that in the first quarter of 2025 alone, the amount of Bitcoin held by local fiscal-related addresses in the United States increased by 230%, of which perpetual contract transactions accounted for as much as 47%.
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XBIT perpetual contract technology breakthrough attracts institutional investors
While traditional derivatives exchanges are shrinking their businesses due to regulatory pressure, XBIT (dex Exchange) is rising against the trend. Its original volatility adaptive liquidation engine has narrowed the fluctuation range of the funding rate of BTC perpetual contracts by 60% compared with centralized exchanges. More importantly, the platform deeply integrates the liquidity of public chains such as Solana and BNB Chain through a cross-chain aggregation engine, so that the slippage of large transactions is controlled within 0.3%. A sovereign fund trader revealed: “When shorting 1,000 BTC on XBIT, the actual transaction price deviated from the mark price by only 0.27%, which is unimaginable in the traditional market.”
Twitter : @XBITDEX
The market structure is quietly changing
XBIT (dex Exchange) latest data shows that the platform’s BTC perpetual contract trading volume reached 34.7 billion US dollars from January to April 2025, a year-on-year increase of 420%. This explosive growth is reshaping the market ecology: in the large-scale transfer of Grayscale Trust, 9,645 BTC were anonymously split on the XBIT chain in just 12 seconds; when the Singapore Exchange was preparing for BTC perpetual futures, it directly called XBIT’s cross-chain clearing protocol as a risk control reference model. The head of crypto assets at an investment bank commented: “While traditional institutions are still struggling with custody solutions, XBIT has redefined the infrastructure of derivatives trading with technology.” In this crypto revolution triggered by local fiscal reform, XBIT (dex Exchange) is redefining the rules as a technology disruptor. When the BTC reserve proposal of Roswell City was placed on the mayor’s desk, XBIT’s smart contract was already ready to bear the weight of this financial experiment-perhaps as its white paper said: “The ultimate mission of XBIT (dex Exchange) is not to subvert traditional finance, but to allow every innovative idea to find a safe landing soil.”
Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.
