What is a Perpetual Future?

Perpetual futures are financial instruments, specifically derivatives, that allow traders to speculate on the future price of an asset. Derivatives in DeFi, or synthetic assets, allow for speculation on the price of an underlying asset without directly owning the asset itself, which opens the way to greater degrees of leverage and is often much more liquid than spot markets.

When compared to traditional futures, perpetual futures have one key difference, which is that it does not have an expiration date and can be held indefinitely.

Go to Perpetual Futures and see how they work.