📊Perpetual Futures

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

OpenOcean's perpetual trading is now integrated Drift on Solana to allow traders to speculate on whether the price of an asset will go up or down.

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.