Crypto Futures are futures contracts that obligate traders to buy or sell cryptocurrencies at a specific price and date in the future. These contracts are usually valid for an indefinite period, referred to as perpetual contracts.

Crypto futures contracts generally do not require physical delivery of the asset, but are instead settled in cash based on the price difference at the time the contract expires. Traders can close their positions before the expiration date to realize gains or losses. Crypto futures offer several benefits, such as the ability to hedge against price volatility, as well as providing leverage to magnify market exposure. However, futures trading also comes with higher risks than spot trading.