Perpetual Futures

VRC-10

Abstract

Perpetual futures markets are officially supported on VDEX with the introduction of VRC-10. Perpetual contracts trade independently from spot markets and are tethered to the oracle price via an hourly funding rate. The margin required to open a position is discounted on a pair's maximum leverage factor. VDEX will close a position on behalf of the user should their equity decrease below the requirement.

Features

• Crypto derivatives without expiration

• Isolated and cross margin

• Maker and taker orders

• Funding rate

• Liquidation

• Leverage