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Eterna’s Perpetual Futures

Welcome to Eterna Perpetual Futures: Your gateway to the largest and most exciting segment of the crypto market.

What are Perpetual Futures?

Perpetual futures permit two parties to buy or sell an underlying crypto currency at a future date for a predetermined price. Perpetual futures are traded exclusively in crypto markets and derive their value from the price of the underlying cryptocurrency. Because perpetual trades can be leveraged, they can be highly profitable, which is why they are the largest segment of the crypto market. On Eterna, users can trade over 200 perpetual futures contracts, at up to 125X leverage, which offers investors a greater freedom of choice than any other DEX in the market.

Perpetuals differ from standard futures contracts in 3 ways:

Perpetuals

are settled financially.

Perpetuals

have no expiration date.

Perpetuals

are traded exclusively in crypto markets.

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How to trade Perpetual Futures

Traders can take a Long (buy) or Short (sell) position in perpetuals markets. Profits depend on the difference between the entry price and exit price, as well as the degree of leverage employed.

Long Position

Long Position – Buy positions are profitable or “in the money" if the crypto currency price rises above the entry price.

Long Position (Profit or Loss)

Size of the contract

1

Exit Price

1

Entry Price

Short Position

A Short Position is profitable, or “in the money”, if the crypto currency price falls below the entry price.

Short Position (Profit or Loss)

Size of the contract

1

Entry Price

1

Exit Price

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1

Leverage

Traders of perpetual futures typically leverage their position, or borrow funds and trade on margin, which allows them to magnify their gains, but can also magnify their losses.

2

Margin

Investors trade on margin, by depositing a fraction of the total value of the amount they invest, which is called their open position. For instance, trading on a 20X margin or 5% (1/20 = 0.05) implies that investors can deposit $100 in their margin account, and invest $2,000. Hence, perpetuals can be highly profitable if managed wisely.

3

Liquidation

Margin trading also has costs. First, the borrowed amount must be paid back with interest. Second, trading with leverage increases the likelihood that a trader’s position will be liquidated, or forcibly closed by the exchange, due to an unfavorable market movement. The higher your degree of leverage, the more likely your position will be liquidated due to an unfavorable price movement. Hence, leverage is a powerful tool that must be used with a degree of caution.

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Why invest in Eterna Perpetual Futures?

Eterna provides the deepest liquidity pool of any decentralized exchange (DEX), because Eterna can directly access the vast liquidity of the world’s largest centralized exchanges. Therefore, on Eterna, you can open larger intial positions and employ higher degrees of leverage than on any other DEX in the market.

Eterna also provides traders with many unique trading tools, such as Buy & Sell Signals, Copy Trading, and Long-Short conversion buttons. These tools can provide traders with a competitive edge compared to other exchanges. Finally, Eterna is one of the safest exchanges because we are protected by Chainalysis and Palo Alto Networks, two of the world’s leading cybersecurity firms.

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