📊Perpetual Futures

With OpenOcean perpetual futures trading, users can amplify their trading positions and profits with leverages

Due to the recent update by Aboard Exchange team, we will terminate perpetual trading on OpenOcean. Please reach out to us on Discord or Telegram for withdrawal.

By launching perpetual futures, it expands the offerings on our platform and provides more flexibility in the market for our extended-community of traders. It's currently available on Avalanche and Arbitrum.

What is ‘perpetual trading’?

Known as ‘perps, perpetuals or perp swaps’. Put simply, perps are market derivative futures contracts with no expiry date which were first pioneered by BitMEX. Perps involve trading crypto without actually buying or selling it. Instead, users can deposit collateral and enter into a perpetual swap contract that allows them to speculate on the price of the underlying token.