What are the differences between gala perpetual futures and other derivative products in the cryptocurrency market?

1 answers

• kalyanOct 04, 2020 · 5 years ago
  Gala perpetual futures, like other derivative products in the cryptocurrency market, provide traders with a way to gain exposure to the price movements of cryptocurrencies without actually owning the underlying assets. However, what sets gala perpetual futures apart is their unique structure. Unlike traditional futures contracts, which have a fixed expiration date, gala perpetual futures do not expire. This means that traders can hold their positions indefinitely, providing greater flexibility and convenience. Additionally, gala perpetual futures incorporate a funding rate mechanism, which helps to keep the contract's price in line with the underlying asset's spot price. This ensures that the contract remains closely tied to the market and reduces the risk of price manipulation. Overall, gala perpetual futures offer a distinct and innovative approach to derivative trading in the cryptocurrency market.
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