What is perp in crypto?

In the crypto trader jargon, perps is short for perpetual contract or perpetual swap 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.

What are Perp tokens & how do they work?

More specifically, PERP tokens are used in securing its marketplace and influencing the future direction of the project. To stay up to date on new features, markets, and community recaps, you can bookmark Perpetual Protocol’s Medium page. How Does Perpetual Protocol Work?

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 a crypto perpetual?

Crypto perpetuals are a form of derivative agreement allowing investors to purchase or sell a digital asset for a specified amount at an unspecified point in the future. They differ from futures contracts in that they allow an individual to hold onto the contract indefinitely. How do you make a short crypto?