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GlossaryMarkets & assets

Crypto perpetual

A crypto futures contract without a fixed expiry that uses funding payments and can expose leveraged positions to liquidation.

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Do not confuse

Common comparison error

Derivative value linked to Crypto perpetual is not direct delivery of the reference asset or Ask price.

Practical use

How to verify Crypto perpetual

Read Crypto perpetual together with Crypto spot market, Ask price, Energy commodity. The comparison must preserve the exact rule, value, state, and evidence described below.

A neutral example

Crypto perpetual references gold but uses a broker symbol and weekend schedule. Benchmark, quote currency, contract unit, ownership, and Crypto spot market are documented. What makes this an example of Crypto perpetual is that no fixed expiry does not remove funding payments, leverage, margin, or liquidation.

Evidence path

Where to verify Crypto perpetual

Use the source that governs the exact contract, account, entity, or platform state. A general definition cannot replace current broker terms.

Symbol information and market scheduleMatch the symbol to its underlying market, price source, trading hours, weekend treatment, and settlement availability.
Broker platform recordCompare the platform symbol and timestamp with the named market or provider instead of relying on the asset label alone.