DRW CEO Don Wilson Challenges Perceptions of Perpetual Futures
The concept of perpetual futures has become a cornerstone of the cryptocurrency market, but according to Don Wilson, CEO of DRW, 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. The high leverage, auto-deleveraging, and continuous trading often associated with crypto …