Wall Street Expert Don Wilson Challenges Regulators' Perception of Perpetual Futures
The concept of perpetual futures has become a cornerstone of crypto finance, but according to DRW CEO Don Wilson, common misconceptions surround this product. In a series of posts, Wilson clarifies that perpetual futures, or 'perps', are essentially futures contracts without an expiration date. Characteristics often associated with crypto perpetuals, such as high leverage and auto-deleveraging, a…