How do decentralized perpetual contracts work?
dYdX has been running on its own blockchain built with the Cosmos SDK since V4.
Perpetual DEXs also have funding rates, margin requirements, and liquidation rules, though the specific parameters vary from one platform to another.
The most important thing to remember when managing your positions: deposits often require a cross-chain bridge, so try a small amount first before transferring a larger one.
$HYPE 77.48 (-0.78%)
Your money, your call.
dYdX has been running on its own blockchain built with the Cosmos SDK since V4.
Perpetual DEXs also have funding rates, margin requirements, and liquidation rules, though the specific parameters vary from one platform to another.
The most important thing to remember when managing your positions: deposits often require a cross-chain bridge, so try a small amount first before transferring a larger one.
$HYPE 77.48 (-0.78%)
Your money, your call.