What is the concept of everlasting contract in the cryptocurrency industry?

3 answers

• Alan ChiminSep 16, 2025 · 2 months ago
  An everlasting contract, also known as a perpetual contract, is a type of derivative contract in the cryptocurrency industry that has no expiration date. It allows traders to speculate on the price movements of cryptocurrencies without the need to physically own the underlying asset. These contracts are settled in cryptocurrency and typically use leverage to amplify potential gains or losses. The main benefit of everlasting contracts is that they provide traders with the ability to profit from both rising and falling markets, as they can take long or short positions. However, it's important to note that trading perpetual contracts can be highly risky due to the potential for significant losses if the market moves against your position.
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• Jingze WangJun 23, 2021 · 4 years ago
  Everlasting contracts in the cryptocurrency industry are like a never-ending roller coaster ride. You can hop on and off at any time without worrying about expiration dates. These contracts allow traders to speculate on the price of cryptocurrencies without actually owning them. It's like betting on the outcome of a sports game, but instead of using cash, you use cryptocurrency. The advantage of everlasting contracts is that they offer the potential for high returns, especially when using leverage. However, it's crucial to understand the risks involved, as losses can also be magnified. So buckle up and enjoy the ride, but remember to trade responsibly and only risk what you can afford to lose.
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• Bidstrup MoseNov 06, 2024 · a year ago
  Everlasting contracts, also known as perpetual contracts, are a popular trading instrument in the cryptocurrency industry. They allow traders to speculate on the price movements of cryptocurrencies without actually owning the underlying assets. These contracts have no expiration date and are settled in cryptocurrency. One of the main advantages of everlasting contracts is the ability to profit from both rising and falling markets. Traders can take long positions to profit from price increases or short positions to profit from price decreases. However, it's important to note that trading perpetual contracts involves high risks, as leverage is often used, which can amplify both gains and losses. It's crucial to have a solid understanding of the market and risk management strategies before trading everlasting contracts.
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