Bitso, one of Latin America’s largest crypto platforms, is moving well beyond its roots in spot trading to establish a full-stack, self-custody on-chain trading ecosystem. The company has announced two major initiatives: a multi-platform called Perps Aggregator, and the launch of a Bitso Onchain token slated for 2026.
Bitso has been previously focusing primarily on spot trades, which means it is now officially entering a new phase. The Perps Aggregator, expected to go live in early Q1 2026, serves as a unified execution layer across different on-chain perpetual futures platforms. Unlike traditional single-exchange interfaces, this aggregator offers traders a unified USDC balance, avoiding the need to juggle assets across venues, automatic best-execution routing to optimize trade entry, a combined P&L dashboard across all integrated perps markets, multiple points-earning streams simultaneously, and one-time deposit to “trade everywhere”
This design not only simplifies the on-chain trading experience but also aligns with Bitso’s broader vision of offering Web3-native liquidity in an interface that feels as smooth and familiar as a centralized exchange (CEX), while preserving the benefits of self-custody.
To seed engagement before the aggregator’s full beta, Bitso is launching Season 0 of its Onchain Points System on December 1 of this year. Key features of this launch include boosted point rewards, chain-specific multipliers, referral codes driven by creators and a seasonal leaderboard to drive competition and engagement
This phase will continue up until the Perps Beta launches, helping Bitso build momentum and loyalty among its community.
The Road to a Native Token
Bitso has confirmed it will launch a Bitso Onchain token in 2026. The token is positioned not merely as a reward mechanism, but as a governance and alignment tool that is designed to power participation in its on-chain ecosystem while reinforcing long-term commitment between Bitso and its traders.
Daniel Vogel, Bitso’s CEO and Co-Founder, put it succinctly when he said that his company is building a global, self-custody trading experience that feels as simple as a CEX but stays true to the permissionless spirit of Web3.
Events That Set the Stage
The announcement came alongside two on-the-ground events as part of Devconnect. At Copa de los Memes, a memecoin football showdown was held at La Rural in Buenos Aires on November 19, 2025. Teams representing top memecoin projects competed in a 5v5 tournament. Attendees could bet their Bitso Onchain points on their favorite team, earn bonus points for being physically present, and access exclusive merch and codes. At Pengu Sala, a more relaxed networking event hosted by Pudgy Penguins, also in Buenos Aires during Devconnect, builders, marketers and community members emphasized Web3 camaraderie and discussed future plans related to the upcoming Bitso initiatives.
The Bigger Picture & Strategic Implications
Here is an outline of potential impact of the announcement on the industry in the region
- User onboarding meets degen culture: By pairing eye-catching, fun events with meaningful on-chain product launches, Bitso is tapping into Web3’s social energy.
- Competition plays: The Perps Aggregator could challenge both decentralized and centralized derivatives platforms by removing fragmentation and lowering friction.
- Token alignment: The upcoming Bitso Onchain token signals a shift toward incentivizing deeper engagement and loyalty — not just from retail traders, but from power users and builders.
- Scaling in Latin America: As the region continues to adopt crypto for payments, remittances, and financial services, Bitso’s full-stack on-chain architecture positions it to be a foundational infrastructure provider.
By launching a Perps Aggregator, rolling out a points system, activating real-world degen events and planning a native token, Bitso is showing its intent to evolve from a traditional exchange into an on-chain ecosystem leader. Its Latin American roots and regulatory pedigree give it unique leverage. If they execute, as they are expected to do strongly, this could be a big step in further expanding on-chain trading for the region.
