Perpetual contracts can be exploded, just saying that perpetual contracts are not easy to be exploded by malicious pin due to special mechanisms, while delivery contracts are more likely to be exploded by pin. The so-called delivery contract, that is, the two parties to the futures contract agree to conduct contract delivery transactions at a specific price (futures price) at a specified time (delivery date). Since there is no delivery date limit, perpetual contracts can avoid repeated opening steps caused by delivery, avoid delaying the market and avoid economic losses (handling fees) caused by repeated opening.

The psychology of many consumers is that when the market goes up, it will be short, and when the market goes down, it will be bought. If the market continues, it will explode.