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What are perps, anyway? Everything you need to know about crypto’s hottest trading instrument

CoinDesk· Oliver Knight· Jul 27, 2026 · 3:00 PM
What are perps, anyway? Everything you need to know about crypto’s hottest trading instrument

Perps, which launched on BitMEX in 2015, have become one of the most traded financial products in the world.

This is a summary. Read the complete story at CoinDesk below.

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