Perpetual-Contracts

Perpetual Contracts, or "Perps," are a unique type of crypto derivative with no expiry date, allowing traders to hold leveraged positions indefinitely.They utilize a funding rate mechanism to keep the contract price tethered to the underlying spot price. In 2026, DEX-based Perps have captured significant market share from centralized exchanges by offering high-speed execution and transparent vAMM models. This tag explores leverage management, liquidations, and the evolution of capital-efficient trading on high-performance Layer 2 and Layer 1 networks.