Perpetual Futures
DeFi · Shallow
Derivative contracts that let traders speculate on asset prices with leverage and no expiration date. Unlike traditional futures, perpetuals use a funding rate mechanism—periodic payments between longs and shorts—to keep the contract price anchored to the spot price. On Solana, protocols like Drift, Flash Trade, and Zeta Markets offer perpetual futures with up to 20x leverage, settling in USDC.