Robinhood says perpetual futures are coming soon for eligible US users. What exactly is a perp?
đ§ In plain words
A perpetual future is a contract that tracks a coin's price with no expiry date. Traders post margin, can use leverage, and pay or receive a small funding fee that keeps the contract close to the spot price. Per The Block, Robinhood's list includes bitcoin, ether, Solana, Dogecoin, Cardano, $LINK and Hyperliquid. Think of it as renting price exposure instead of buying the coin: you never own it, you just settle the difference.
â What it means for you
âą Leverage multiplies gains and losses, and positions can be liquidated.
âą Funding fees add up if you hold a position for a long time.
âą Owning spot LINK gives you the token itself; a perp only gives you price exposure.
Takeaway: perps are a trading tool, not a savings plan, and they deserve tight risk limits.
#Chainlink #Perps
đ§ In plain words
A perpetual future is a contract that tracks a coin's price with no expiry date. Traders post margin, can use leverage, and pay or receive a small funding fee that keeps the contract close to the spot price. Per The Block, Robinhood's list includes bitcoin, ether, Solana, Dogecoin, Cardano, $LINK and Hyperliquid. Think of it as renting price exposure instead of buying the coin: you never own it, you just settle the difference.
â What it means for you
âą Leverage multiplies gains and losses, and positions can be liquidated.
âą Funding fees add up if you hold a position for a long time.
âą Owning spot LINK gives you the token itself; a perp only gives you price exposure.
Takeaway: perps are a trading tool, not a savings plan, and they deserve tight risk limits.
#Chainlink #Perps