In short A futures contract with no expiry date, kept close to the spot price by periodic funding payments.
Perpetuals allow leveraged long or short positions and make up most crypto trading volume. Leverage magnifies losses as well as gains.
In short A futures contract with no expiry date, kept close to the spot price by periodic funding payments.
Perpetuals allow leveraged long or short positions and make up most crypto trading volume. Leverage magnifies losses as well as gains.
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