Study Notes | Decentralized Perpetual Contracts
① Perpetual DEXs also have funding rates, margin requirements, and liquidation rules; the specific parameters vary from platform to platform.
② On transparent on-chain platforms like Hyperliquid, large positions and their liquidation prices are usually visible to everyone.
③ Before using a new perpetual DEX, review its margin and liquidation rules first. Don’t assume they’re the same as Binance.
$HYPE 71.16（-2.28%）
① Perpetual DEXs also have funding rates, margin requirements, and liquidation rules; the specific parameters vary from platform to platform.
② On transparent on-chain platforms like Hyperliquid, large positions and their liquidation prices are usually visible to everyone.
③ Before using a new perpetual DEX, review its margin and liquidation rules first. Don’t assume they’re the same as Binance.
$HYPE 71.16（-2.28%）