What are perpetual futures? Perps, funding rates, and liquidations explainedWhat are perpetual futures? Perps, funding rates, and liquidations explainedWhat are perpetual futures? Perps, funding rates, and liquidations explained
Perpetual futures, or perps, are the most traded instrument in crypto. They let you bet on price with leverage and never expire, held in line with the spot market by a clever fee called the funding rate. They are powerful,…