What is $perp (perp)?

Perp is a popular derivative product introduced by BitMEX trading platform. Similar perpetual product is now traded on FTX, Bitforex, Kraken Futures, Binance and elsewhere. Perp or perps is short for perpetual swap. As of 2021, $PERP is also the ticker of the Perpetual protocol alt coin - a token of a decentralized perpetual swap exchange.

What is perp alt coin?

Perp or perps is short for perpetual swap. As of 2021, $PERP is also the ticker of the Perpetual protocol alt coin - a token of a decentralized perpetual swap exchange. What is perpetual swap? Perpetual swap is derivative product similar to a futures contract, except there is no expiration date.

What is perpetual swap?

Perpetual swap is derivative product similar to a futures contract, except there is no expiration date. When trading perps, you will not get the specific behavior that futures contracts have near their expiration date. If your trade is speculative, you also don’t have to worry about timing the market - perpetual futures never expire.

What does perpetrator mean?

One who perpetrates or is accused of perpetrating a crime. American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved. n. Slang. perpetrator.