DRW CEO Don Wilson Challenges Misconceptions About Perpetual Futures
The concept of perpetual futures has become a cornerstone of cryptocurrency finance, but according to DRW CEO Don Wilson, many misconceptions surround this product. In a series of posts, Wilson clarified that perpetual futures, or 'perps', are essentially futures contracts without an expiration date, and the characteristics often associated with them, such as high leverage and auto-deleveraging, …