# Perpetual Trading

*Perpetual trading, also referred to as perpetual swaps or perpetual contracts, is a derivative financial product that enables traders to speculate on the value of an underlying asset without a specified expiration date. While similar to futures contracts in some ways, these contracts lack a fixed expiry or settlement date. Instead, they are intended to be held indefinitely, with traders making regular payments to maintain their position.*&#x20;

*This enables traders to capitalize on price fluctuations on an ongoing basis, rather than being restricted to the expiration of a traditional futures contract. Perpetual trading is frequently used in the cryptocurrency market, where decentralized exchanges (DEXs) often provide it as a means for traders to speculate on the value of a range of digital assets.*


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