Cryptocurrency Q&A
Who invented the perpetual contract?
Who invented the perpetual contract?
Ilaria
Sun Dec 15 2024
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6 answers
1458
The concept of a "perpetual contract" seems to be a mix of two separate ideas: "perpetual" (which might suggest something that lasts indefinitely) and "contract" (a legally binding agreement). However, there's no specific invention or widely recognized term for a "perpetual contract" in common law or legal practice. Contracts typically have a defined term or duration and may be renewed or extended, but they are not inherently perpetual. If someone is referring to a specific type of long-term or open-ended contract, they would need to provide more context or specify the terms and conditions of such an agreement.
6 answers
Martina
Tue Dec 17 2024
Many of the gameplay strategies employed within the cryptocurrency sphere today have their roots in traditional securities and futures markets.
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CryptoTitaness
Tue Dec 17 2024
One particular type of gameplay that has emerged is perpetual contracts.
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Caterina
Tue Dec 17 2024
These contracts represent a unique investment model in the currency circle.
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CryptoWanderer
Tue Dec 17 2024
They were conceptualized and developed by Arthur Hayes, the visionary founder of BitMEX.
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KimonoGlitter
Mon Dec 16 2024
In 2016, Hayes introduced the world to Perpetual Futures, or PERP, a crypto futures derivative.
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