What does perpetual mean in stock market?

Asked by: Marshall Vandervort  |  Last update: September 5, 2025
Score: 5/5 (42 votes)

Perpetual futures, also known as perpetual swaps or “perpetuals,” are a type of derivative contract that allows traders to speculate on the future price of an asset without an expiration date. Unlike traditional futures contracts, which have a set expiry date, perpetual futures can be held indefinitely.

Is it good to buy perpetual bonds?

Perpetual bonds provide infinite coupon payments, guaranteeing investors a consistent stream of interest indefinitely. This feature appeals to those seeking reliable income, as coupon payments resemble dividends from equity but are assured, making them attractive for income-focused investors.

Why trade perps instead of spot?

Trading fees can be lower on Perps and Futures, especially maker fees. Spot trading fees are a bit higher. (Might be a concern for daytrading.)

Is perpetual trading legal in the US?

While perpetual futures are not explicitly illegal in the US, they lack regulatory clarity, and many exchanges restrict US customers' access to markets because of this. Centralized exchanges, for instance, only allow perpetual futures trading for non-US customers in select jurisdictions.

How long does a perpetual contract last?

Perpetual contracts, which have no set expiration date (unlike conventional futures), fit this need well. How can perpetuals last forever? Perpetual contracts “settle” every 8 hours: when the perpetual price is higher than the underlying spot one, the long side pays a funding fee to the short side.

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What is the risk of a perpetual contract?

However, perpetual futures also carry unique risks. Because they have no expiration date, traders must maintain their positions and keep a close eye on market conditions to avoid unexpected losses. Additionally, perpetual contracts can be subject to significant price volatility.

How does perpetual trading work?

Perpetual futures, also known as perpetual swaps or “perpetuals,” are a type of derivative contract that allows traders to speculate on the future price of an asset without an expiration date. Unlike traditional futures contracts, which have a set expiry date, perpetual futures can be held indefinitely.

What is an example of a perpetual trade?

Trading Strategies for Perpetual Futures

Example: If a trader owns Bitcoin (BTC) but is concerned about a short-term price dip, they might open a short position in a BTC perpetual futures contract to potentially offset any losses in their spot holdings if the price goes down.

How much is perpetual protocol to dollars?

Current PERP to USD exchange rate

1 PERP equals 0.83 USD. The current value of 1 Perpetual Protocol is -1.12% against the exchange rate to USD in the last 24 hours. The current Perpetual Protocol market cap is $60.45M.

How do I buy perpetual?

Binance offers many options where you can easily buy several cryptocurrencies including Perpetual Protocol, with the lowest fees and highest security.
  1. Create a free account on the Binance website or the app. ...
  2. Choose how you want to buy the Perpetual Protocol asset. ...
  3. Check the payment details and fees.

What is the difference between futures and perpetual?

A future perpetual contract, known as perps, is a similar crypto derivative asset slightly different from a normal futures contract. Unlike a regular futures contract with an expiration date on which the contract MUST be settled, Perps does not have an expiration date, opening up many strategic possibilities.

Why do traders say spot?

Spot markets trade commodities or other assets for immediate (or very near-term) delivery. The word spot refers to the trade and receipt of the asset being made on the spot.

What is the difference between spot and ETF?

Bottom line. Spot Bitcoin ETFs achieve nearly the same price performance of Bitcoin and do so at a low price, making them an ideal solution for those who want the ease of an ETF. In contrast, Bitcoin futures ETFs may not actually track the price of the crypto and may have larger fees and other issues.

Does Dave Ramsey recommend buying bonds?

Ramsey's investing philosophy

Ramsey does not recommend investing in bonds, CDs, real estate investment trusts, or cash. Even if you are about to retire, he recommends having your retirement funds invested in all equities.

Do you lose money when a bond is called?

Although the prospects of a higher coupon rate may make callable bonds more attractive, call provisions can come as a shock. Even though the issuer might pay you a bonus when the bond is called, you could still end up losing money.

Should you buy bonds in a recession?

But bonds have historically thrived when the economy has contracted. In every recession since 1950, bonds have delivered higher returns than stocks and cash. That's partly because the Federal Reserve and other central banks have often cut interest rates in hopes of stimulating economic activity during a recession.

How does perpetual protocol work?

Perpetual Protocol is a non-custodial, smart contract-powered platform that operates on Optimism's layer 2 blockchain. That means that when users place a leveraged trade on Perpetual, they deposit their funds into a smart contract with pre-specified functionality, allowing them full control of their funds.

What are perpetual protocol trading fees?

Perpetual Protocol offers fast transactions at a low price, with the platform's trading fees accounting for 0.1% or less.

What currency is perp?

Perpetual Protocol is a decentralized exchange for futures on Ethereum and xDai. Traders can go long or short with up to 10X leverage on an ever-increasing number of assets like BTC, ETH, DOT, SNX, YFI and others.

How do perpetuals work?

Perpetual futures are a type of derivative contract that allows you to speculate on the future price of an underlying asset, such as cryptocurrency. You don't need to own it, and there's no expiration date.

What is an example of a perpetual stock system?

One day you make three sales through your online store, two sales from your physical shop, and one B2B sale of 10 items – all for the exact same product. Because you're using a perpetual inventory system in this example, the recorded stock levels for this product are updated every time an order is fulfilled.

Why issue perpetual bonds?

Banks issue perpetual bonds to help meet their long-term capital needs. In the capital structure of banks, perpetual bonds are classified as Additional Tier 1 bonds. This implies that in the event of liquidation, banks repay perpetual bondholders after settling other debts but before paying equity investors.

How do perpetual funds work?

Perpetual bonds, also known as perps or consol bonds, are bonds with no maturity date. Although perpetual bonds are not redeemable, they pay a steady stream of interest in forever. Because of the nature of these bonds, they are often viewed as a type of equity and not a debt.

Do you pay funding on perpetual futures?

When the price of the perpetual contract is higher than the spot price, people who have long positions must pay a funding rate to those who hold short positions. On the other hand, if the contract's price is lower than the spot price, the short position holders pay the long position holders.

Are perpetual contracts illegal?

Under California law, the simple answer is, “Yes, you can have a perpetual contract.” The more complicated answer is, “Yes, if that is what the parties agree to and they express that intent unambiguously in the contract.” An experienced San Diego corporate attorney can help draft your business contracts to reflect what ...