Cryptocurrency Q&A
What does ETH PERP mean?
What does ETH PERP mean?
ethan_thompson_journalist
Fri Jan 03 2025
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6 answers
1305
ETH PERP refers to a perpetual futures contract based on Ethereum (ETH), which is a type of futures contract that has no expiration date. This allows traders to gain Leveraged exposure to ETH without having to physically own the underlying asset, only requiring a fraction of the contract's total value as collateral.
6 answers
KpopHarmonySoulMate
Sun Jan 05 2025
It operates as a crypto exchange built on the Ethereum blockchain.
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CryptoKnight
Sun Jan 05 2025
The primary function of this platform is to facilitate trading in perpetual futures contracts.
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charlotte_wilson_coder
Sun Jan 05 2025
These contracts are unique as they are designed to mirror the price movements of specific assets.
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CryptoTamer
Sun Jan 05 2025
One key distinction between perpetual futures and traditional futures contracts is the absence of an expiration date.
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Valentino
Sun Jan 05 2025
Perpetual Protocol represents a novel concept in the realm of decentralized finance.
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