Quantum Computing Perps Are Live: QNT and IONQ at 20x, 24/7

Quantum computing stopped being a sci-fi narrative and started being a sector you can actually get long of around 2024. By June 2026, when Quantinuum debuted on the Nasdaq at a $15.6 billion valuation on IPO day, the sector had gone from "two small listed names" to "a theme institutional allocators actually ask about on earnings calls." The shares did what shares in a thesis-driven sector do: they moved. A lot.

They also traded for exactly six and a half hours a weekday. That is useful if you live in New York. It is less useful if you live in Singapore, or Dubai, or you simply want to react to overnight news about error-correction thresholds before the New York open.

So we listed them as perps. QNT-PERP and IONQ-PERP are live on JTX Markets today, both at 20x maximum leverage, both settled in USDT, both quoted continuously — including evenings, weekends and the US holiday calendar.

The two names

Quantinuum (NASDAQ: QNT) is the Honeywell spin-off that merged Honeywell Quantum Solutions with Cambridge Quantum in 2021. Trapped-ion hardware, integrated software stack, commercial contracts with pharma and materials firms. IPO'd on 2026-06-04 at $60/share, closed its first day above the pricing range after $1.68 billion of demand.

IonQ (NYSE: IONQ) is the other pure-play trapped-ion name — public since 2021 via SPAC, the first pure-play quantum listing on a major US exchange. Separate team, separate technology stack, but the same thesis: ions in a vacuum chamber, laser-addressed qubits, the longest coherence times of any approach currently in the lab.

Together the two represent the trapped-ion branch of the quantum-hardware tree. If you have a view on fault-tolerant quantum computing arriving by 2030 versus 2040, these are the two tickers that express it most directly.

What "perpetual at 20x" actually means

A perp is a futures contract without an expiry. You can hold it for a minute or a month; funding payments every eight hours move value between longs and shorts to keep the perp tethered to the underlying equity price. 20x leverage means a $5,000 margin posting controls $100,000 of notional exposure — a 5% move in the underlying moves your P&L by $5,000.

Which, for the record, is why 20x is for people who know what they're doing. Our margin tiers page walks through how the engine marks your position, where liquidation sits, and what happens when the underlying gaps.

What it buys you is capital efficiency. If your view on the quantum sector is directional but you don't want to tie up spot capital in two illiquid names with wide bid-ask spreads on the NYSE equivalent, a $5,000 margin posting on a JTX perp gets you the exposure. Close out of hours. Short as easily as long. Settle in stable.

Why 24/7 matters more here than for BTC

Crypto perps being 24/7 is table stakes — the underlying is 24/7, so the perp has to be. Equity perps are different. The underlying (NYSE: IONQ, NASDAQ: QNT) is not 24/7. It trades 09:30–16:00 Eastern on weekdays only — call it 32.5 hours out of every 168.

That means for 135 hours a week, there is news, there are events, there are earnings leaks, there are academic preprints landing on arxiv, there are DARPA contract announcements — and the only way to take a position on any of them is to wait for the opening bell. If your thesis is "the error-correction paper IBM is dropping Sunday evening is going to move the sector on Monday," by the time 09:30 Eastern arrives on Monday the entire move has happened at the auction.

A 24/7 perp lets you position before the open. Weekend announcement lands Sunday 11am UTC? You can be long by 11:01. Monday-morning gap-up prints and you're already there. That is not an edge over the US market — US traders have the same information — it is an edge over waiting.

What's under the hood on our side

Both symbols run on the same matching engine that handles our crypto perps. Same price-time priority order book. Same mark-price derivation. Same liquidation engine. Same cross/isolated margin mode. The chart pulls continuous 15-minute candles going back several weeks; the order book carries real depth; funding sets every eight hours like every other perp on the venue.

What's different is the mark source. Crypto perps mark off a composite of major exchange prices. These equity perps mark off a continuous oracle that tracks the underlying listed price during US market hours and uses sector-correlated estimates during the 135 off-hours per week. The oracle is explicit and consistent — no surprise basis blow-outs, no mystery wicks.

How to find them

They're in the Equities tab on the trading platform, or searchable from any symbol picker. Direct links: QNT-PERP and IONQ-PERP. Minimum size is one contract; $5 USDT and a Main account balance is enough to put a toe in.

As always — leverage cuts both ways, equity perps are a newer product, and sector momentum works until it doesn't. Size appropriately.

What's next

If demand's there, D-Wave (QBTS), Rigetti (RGTI) and Quantum Computing Inc (QUBT) are the next three pure-play quantum names we'd list. None of them have an oracle on our current feed source so they'd need a separate data integration — if you want to see them, let us know and we'll prioritise accordingly.

For now: QNT and IONQ, 20x, 24/7. Go.