BTC $84,520.41 -0.02%
ETH $2,662.33 -1.10%
BNB $765.49 -0.49%
XRP $1.47 -1.12%
SOL $118.07 +0.48%
TRX $0.3342 -0.29%
DOGE $0.0917 -2.12%
ADA $0.2403 -1.89%
BCH $307.23 -0.11%
LINK $13.63 -4.21%
HYPE $86.28 -0.60%
AAVE $181.04 +6.99%
SUI $1.12 -3.26%
XLM $0.2128 -2.44%
ZEC $1,284.82 -2.63%
AAPL $333.34 +0.90%
AMZN $251.08 +0.91%
GOOGL $343.16 +1.12%
MSFT $517.54 +0.71%
META $727.45 +0.23%
NVDA $233.95 +1.19%
TSLA $371.31 +4.65%
SNDK $1,718.98 -3.28%
INTC $119.34 -0.41%
SPCX $158.85 +6.78%
MU $1,071.85 -1.57%
AMD $632.89 +2.87%
BTC $84,520.41 -0.02%
ETH $2,662.33 -1.10%
BNB $765.49 -0.49%
XRP $1.47 -1.12%
SOL $118.07 +0.48%
TRX $0.3342 -0.29%
DOGE $0.0917 -2.12%
ADA $0.2403 -1.89%
BCH $307.23 -0.11%
LINK $13.63 -4.21%
HYPE $86.28 -0.60%
AAVE $181.04 +6.99%
SUI $1.12 -3.26%
XLM $0.2128 -2.44%
ZEC $1,284.82 -2.63%
AAPL $333.34 +0.90%
AMZN $251.08 +0.91%
GOOGL $343.16 +1.12%
MSFT $517.54 +0.71%
META $727.45 +0.23%
NVDA $233.95 +1.19%
TSLA $371.31 +4.65%
SNDK $1,718.98 -3.28%
INTC $119.34 -0.41%
SPCX $158.85 +6.78%
MU $1,071.85 -1.57%
AMD $632.89 +2.87%

perp

PERP is the native token of Perpetual Protocol, belonging to the decentralized finance (DeFi) sector. Perpetual Protocol is a decentralized perpetual contract trading platform that allows users to trade contracts directly without intermediaries. The PERP token is used for platform governance, liquidity mining, and incentive mechanisms, helping to maintain the stability and development of the protocol.
All
Article
Flash

first_img Cboe is exploring the launch of VIX perpetual futures, still in the early stages

According to CoinDesk, Cboe is exploring the launch of perpetual futures linked to the VIX index, which is still in the early stages, with no contract specifications yet and no filing documents submitted. This news comes from Bloomberg.The VIX index measures the expected volatility over the next 30 days as reflected by the pricing of S&P 500 options. As investors buy options to hedge against sharp market declines, the demand for options during downturns surges, thereby raising the index, which is why it is regarded as Wall Street's "fear gauge." Perpetual futures were first proposed by economist Robert Shiller in 1993 and were subsequently commercialized by the cryptocurrency industry.A mature derivatives ecosystem has already formed around the VIX, covering futures, options, and exchange-traded products tracking the index. However, futures come with expiration dates, and when contracts terminate, traders must roll over their positions or shift their bets to the next available contract. This rolling operation is costly and erodes returns, which was a major criticism faced by Bitcoin futures ETFs when they debuted at the end of 2021.In contrast, perpetual swaps never settle and instead anchor contract prices to the spot index through a funding rate mechanism, theoretically providing investors with the closest investment channel to the actual VIX spot price. Martin Lee, Head of Market Insights at DWF Labs, told CoinDesk that traders do not need to worry about expiration and value decay, as they can focus solely on assessing the direction of the underlying asset. He expects a strong trend of "perpetualization" to emerge in the coming months.

first_img Robinhood launches AI trading agent, perpetual contracts, and weekend stock trading

According to CoinDesk, brokerage Robinhood (HOOD) announced at the HOOD Summit held in Houston, Texas, that it will launch executable trading AI agents, cryptocurrency perpetual contracts with up to 10x leverage, and weekend trading for U.S. stocks, while extending options trading hours, providing more intraday margin, and introducing contracts based on corporate earnings metrics.Robinhood Agents allow customers to create AI agents within the app, choose models from OpenAI or Anthropic, and authorize them to access independent trading accounts. The agents can analyze the market, create watchlists, and trade stocks, options, and crypto assets. A feature called Loops allows customers to give long-term instructions to the agents to monitor the market and execute strategies when specific conditions arise. Since opening its trading infrastructure to external AI agents earlier this year, over 150,000 agent accounts have been created. By default, every trade proposed by the agent requires customer approval, and users can disable this protection; agents cannot use margin when they go live and can only utilize funds in dedicated accounts.Regarding perpetual contracts, Robinhood plans to offer them to eligible U.S. customers through Robinhood Derivatives and Bitstamp, initially focusing on crypto assets, with Bitcoin and Ethereum contracts having leverage up to 10x, while other supported assets starting at 3x. Additionally, Robinhood will provide earnings binary contracts through Cboe, allowing customers to trade directly on whether companies meet revenue, earnings per share, and other metrics; weekend trading will offer select stocks and ETFs through Bruce ATS.

first_img Ondo Perps CEO: There are huge opportunities in the U.S. perpetual contract market, but the product structure will be different

During an interview with The Block at the Ondo event held in Seoul, South Korea, Ondo Perps CEO David Wells stated that offering perpetual contracts in the United States is a "huge opportunity," and that it is "reasonable" for Ondo to explore such expansion. He mentioned that everyone is paying attention to the U.S. because there are now more opportunities opening up that were previously impossible. However, he also noted that U.S. perpetual contract products will differ from existing products, with structures that vary from non-U.S. markets.Wells' remarks come as U.S. regulators are testing how perpetual contracts can enter the U.S. market with several companies. In August, Trump stated that the CFTC is "bringing Hyperliquid to the U.S. in a fully compliant and legal manner." Kraken's parent company, Payward, has announced plans to launch Hyperliquid's HIP-3 perpetual market for eligible U.S. customers through the CFTC-regulated Bitnomial Exchange and NinjaTrader Clearing. Coinbase has also applied to launch single-stock perpetual contracts in the U.S. Earlier this month, Ondo Finance submitted a letter to the SEC and CFTC arguing that U.S. stock perpetual contracts fall under the securities futures category as defined by the Commodity Futures Modernization Act of 2000.Wells indicated that while the U.S. version of perpetual contracts and its market structure may be similar, settlement and clearing would need to change to comply with U.S. regulations. He did not confirm any plans to enter the U.S. market, stating that the team has not "gone too far" in exploring the U.S. market.
app_icon
ChainCatcher Building the Web3 world with innovations.