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In the next article, could you briefly explain what are "perpetual futures," and how they relate to the Bitcoin ecosystem? Thank you.

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A Perpetual Swap was invented by BitMEX. The Perpetual Contract is similar to a traditional Futures Contract, but has a few differences:

There is no expiry or settlement (subject to the Early Settlement).

Perpetual Contracts mimic a margin-based spot market and hence trade close to the underlying reference Index Price.

More information can be found here: https://www.bitmex.com/app/perpetualContractsGuide#:~:text=The%20Perpetual%20Contract%20is%20similar,the%20underlying%20reference%20Index%20Price.

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