Perpetual refers to a type of derivative contract that has no expiry date. Perpetual contracts are designed to track the price of an underlying asset, enabling traders to speculate on its price fluctuations without any fixed expiration or settlement dates. They are commonly used in crypto trading platforms to provide leveraged trading and enable traders to take both long and short positions on assets.
Currently, perpetuals are not available on Primex, but traders can still benefit from its rich spot margin trading features.