What are TradFi Perpetuals?

If very simply, it’s a way to trade the price movement of a traditional asset through a perpetual contract.

For example, XAUUSDT lets you trade the price movement of gold.

You don’t need to buy physical gold.

Key features:

• USDT margin
• no expiration date
• trading 24/7
• you can use leverage

But leverage is the part that needs the most attention.

It increases not only potential profit, but also potential loss.