Perpetual trading is rapidly advancing, significantly impacting the DeFi ecosystem.
What is Perpetual Trading?
Perpetual trading uses perpetual futures contracts, allowing traders to trade assets like Bitcoin or Ethereum without owning them. These contracts do not have an expiration date, allowing an indefinite hold.
Benefits of Perpetual Trading
The absence of an expiration date is a key benefit, enabling traders to maintain positions indefinitely. This supports higher liquidity and faster execution. Perpetual trading allows the use of leverage, increasing profit potential but requiring careful risk management.
The Current State of Perpetual DEXs
In 2024, perpetual DEXs are showing significant growth. According to CoinGecko, trading volume on the top ten platforms hit $1.5 trillion. High liquidity, user control, and transparency are major attractions, drawing more traders to decentralized platforms.
Perpetual DEXs are setting new standards in security, user control, and liquidity, rapidly becoming the future of crypto trading.
