Bullish, a global digital asset platform, has announced an integration with Liquid Mercury to improve access to crypto derivatives for institutional traders. This partnership allows seamless trading of perpetuals, futures, and options directly from the Liquid Mercury platform. The move builds on Bullish's recent launch of its options product, which has quickly gained significant volume.
On January 26, 2026, Bullish (NYSE: BLSH), an institutionally focused provider of market infrastructure and information services for digital assets, revealed its integration with Liquid Mercury. Liquid Mercury serves as a technology provider for digital asset marketplaces and crypto trading, catering to participants such as proprietary traders, quantitative firms, cryptocurrency funds, and asset managers.
Through this integration, institutional and professional customers gain direct access to Bullish's offerings from the Liquid Mercury platform. These include deep liquidity, near-zero spreads, and a range of crypto derivatives encompassing perpetuals, dated futures, and options. The partnership enhances Liquid Mercury's network by incorporating Bullish's reliable liquidity and institutional-grade derivatives suite.
This development comes shortly after Bullish introduced its options product, which has already exceeded $12 billion in total trade volume. Within less than three months, it positioned Bullish as the second-largest exchange by open interest for crypto-settled Bitcoin options. Bullish itself has solidified its status as a leading exchange, recording over $2 billion in average daily volume during 2025 and accumulating more than $1.8 trillion in total trading volume since its inception. It ranks among the top five exchanges for spot volume in Bitcoin and Ether, supported by an automated market maker that ensures deep, deterministic liquidity and optimal execution for major crypto assets.
The integration is now active and accessible to existing customers of both platforms. For further details, interested parties can reach out via [email protected].