[Tutorial]Introduction of Perpetual Futures

A perpetual futures is a future that represents 1 USD in BTC and has a leverage of 1 to 100 times.

The difference between perpetual futures and delivery futures is:

-Expiration date: Each delivery futures has a fixed expiration date and the delivery price is the arithmetic weighted average price of the index one hour prior to delivery; a perpetual futures has no expiration date and will never expire;

-Funding Fee: Since there is no expiration date, a perpetual futures requires a “funding fee mechanism” to anchor the futures price to the spot price;

-Mark Price: A perpetual futures uses a mark price to calculate the user's unrealized PNL and force liquidation effectively reducing the need for unnecessary and frequent position blow-ups during market volatility.

DigiFinex communities
Telegram Activity Airdrop:https://t.me/DigiFinexAirdrop365
Telegram Official Community:https://t.me/DigiFinexEN
Telegram AMA Community: https://t.me/DigiFinexAMA
Official Twitter: https://twitter.com/digifinex
Official Facebook:https://www.facebook.com/digifinex.global
Official Instagram:https://www.instagram.com/digifinex.global
Official Medium: https://medium.com/@digifinex
Official Reddit: https://www.reddit.com/user/DigiFinex/