perpetual futures

English

Noun

perpetual futures (plural perpetual futures)

  1. (finance) A futures contract without an expiry date.
    Synonym: perp
    • 2025 December 6, George Steer, Jill R Shah, Nikou Asgari, “Crypto's rocky year”, in FT Weekend, Big Rea, page 6:
      Autopsies carried out since then [Oct 2025 crypto crash] suggest that much of the damage can be traced to investors having piled into financial products known as perpetual futures.
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