Perpetual contract is a kind of derivative that can provide high leverage similar to traditional futures contract, but it is different from traditional futures contract. Without the expiration or settlement time of the contract, the contract can exist forever, which is also the origin of its name! At the same time, the perpetual contract adopts the capital cost mechanism to ensure that its price closely follows the price of the underlying assets. What are the advantages of permanent contracts compared with traditional contracts?

BBX swap project permanent contract cryptocurrency traditional contract

USDT base currency itself margin.

Due settlement date has no specific date, such as week, month or quarter.

Levers 10x, 20x, 50x,10x are as high as 20 times.

Contract loss mechanism, automatic lightening mechanism and allocation of all accounts.

The strong parity indicator marks the latest trading price of the price index.

Price balance mechanism, regular delivery rate of funds

It can be seen that compared with the traditional contract, the perpetual contract introduces some characteristic indicators, such as capital cost, automatic lightening mechanism and marked price index, to ensure the normal continuation of the contract.