
Why Perpetual Futures Became Crypto’s Most-Traded Instrument
Why Perpetual Futures Became Crypto’s Most-Traded Instrument.
Perpetual futures are the most heavily traded instrument in crypto.
On any given day, they move more dollar volume than spot Bitcoin (BTC) and Ethereum (ETH) put together.
Yet most people who run into them on Hyperliquid or a centralized exchange treat them like a juiced-up spot trade. They miss the hidden fee ticking away in the background every eight hours.
That fee is called the funding rate, and it's what really sets perpetuals apart from anything else you've likely traded.
This piece walks through what perpetual futures actually are, how the funding rate works, what pushes it around, and when reaching for a perpetual makes sense — versus when it quietly bleeds your position dry. FULL STORY: https://yellow.com/learn/why-perpetual-futures-dominate-crypto-trading
Source Yellow Media.
Trade Perps on Yellow Pro: Perpetual futures trading