Perpetual trading is a form of derivatives trading where the contract has no expiration date, allowing traders to hold their positions for as long as they wish, provided they meet margin requirements. Perpetual contracts are often used in crypto markets and allow users to speculate on asset price movements without the need to physically own the asset.

Here we present the main characteristics of Perpetual trading :

• No Expiration Date: Unlike traditional futures contracts, perpetual contracts can be traded without a specific time limit giving traders more flexibility.
• Payment of Financing Fees: Traders in open positions may be charged periodic financing fees, which are usually determined based on the difference between the contract price and the spot market price of the underlying digital asset.
• Leverage: Perpetual trading often allows the use of leverage, which allows traders to take larger positions than they have capital for, increasing the potential for profit as well as the risk of loss.
• High Liquidity: Perpetual contracts are generally traded on platforms with high liquidity, allowing for fast and efficient order execution.

Perpetual trading is a complex instrument and requires a deep understanding of risk management and market dynamics to avoid potentially significant losses.