Perpetual decentralized exchanges are growing at an impressive pace, attracting a lot of attention. This article explains the basics of perpetual trading and its significance in the DeFi ecosystem.
What is Perpetual Trading?
Perpetual trading allows traders to trade assets without actual ownership. The primary difference from regular futures is that these contracts have no expiration date; they can be held indefinitely.
Benefits of Perpetual Trading
One of the main advantages is the lack of an expiration date, allowing traders to maintain positions without having to close them at a predetermined time. Perpetual futures also allow leverage, which can significantly increase profits but also risks, thus requiring careful risk management.
The Current State of Perpetual DEXs
The year 2024 has shown how far perpetual DEXs have come. Trading volume within the top 10 reached $1.5 trillion, a 138% increase from the previous year. Users prefer these platforms for their higher transparency and control over funds.
As the DeFi sector grows, it becomes clear that perpetual DEXs have set new standards for security and transparency, quickly becoming the future of crypto trading.
