Introduction to Polynomial Trade – The Next Generation Perpetual DEX
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Perpetual futures are very popular among crypto traders. The perps contribute a huge trading volume on the exchanges and this volume outstrips the spot market volume. As per this press release of Coinbase, perps accounted for nearly 75% of global crypto trading volume in 2022 and created highly-liquid markets while offering traders additional versatility in their trading strategies. Perpetual futures are derivative trading contracts that have no expiry date. They are like futures contracts but the traders can hold a position open indefinitely without worrying about the contract expiring. Both retail and institutional traders favour perps as they can speculate on the price of an underlying asset indefinitely. While centralized custodians dominate the ballooning perps market, many decentralized protocols have started to allow users to trade perpetual contracts without intermediaries. Users can enjoy more control over their assets here without worrying about the security or trustworthiness of a centralized party. Smart contracts act as financial robots to automatically execute actions according to the terms of a contract here.
Introduction to Polynomial Trade – The Next Generation Perpetual DEX
Introduction to Polynomial Trade – The Next…
Introduction to Polynomial Trade – The Next Generation Perpetual DEX
Perpetual futures are very popular among crypto traders. The perps contribute a huge trading volume on the exchanges and this volume outstrips the spot market volume. As per this press release of Coinbase, perps accounted for nearly 75% of global crypto trading volume in 2022 and created highly-liquid markets while offering traders additional versatility in their trading strategies. Perpetual futures are derivative trading contracts that have no expiry date. They are like futures contracts but the traders can hold a position open indefinitely without worrying about the contract expiring. Both retail and institutional traders favour perps as they can speculate on the price of an underlying asset indefinitely. While centralized custodians dominate the ballooning perps market, many decentralized protocols have started to allow users to trade perpetual contracts without intermediaries. Users can enjoy more control over their assets here without worrying about the security or trustworthiness of a centralized party. Smart contracts act as financial robots to automatically execute actions according to the terms of a contract here.