EYH perpetuity means that compared with the traditional contract, perpetual contract is a new contract with no delivery date, and the trading price of ETH perpetual contract is closer to the reference index price. Generally speaking, this contract can be maintained until the transaction is completed as long as the user's position is not exploded or forced to close, but a permanent contract without delivery date means that the price of ETH is not binding and the risk is greater.

Futures contract terms

A futures contract refers to a transaction contract reached at a specific price agreed by both parties. The seller pays part of the assets to the buyer after a period of time, and the futures contract needs to comply with state regulations.

1. Quantity and unit clause: The quantity and unit clause means that commodities participating in futures contracts must have unified and standardized quantity units;

2. Quality and grade clause: this clause means that commodities participating in futures contracts should have standardized quality units;

3. Trading time clause: Futures contracts need to agree on a fixed time. Generally speaking, the business hours in a week are five days. The business hours of a day are divided into upper and lower plates, 9:00- 1 1:00,13: 30-15: 00;

4. Quotation unit clause: Quotation unit is the unit needed in the quotation process, and some domestic sugar, copper and other futures will be expressed by quotation unit.