Blockchain

Most of the trading volume in crypto markets today isn't people buying and selling actual coins, it's people trading contracts whose value is derived from those coins' prices. This course explains what a derivative actually is, why the perpetual futures contract became crypto's dominant product, how the funding rate mechanism keeps it tethered to reality, and why leverage makes these products both the biggest draw in crypto trading and the fastest way to lose everything.

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USDC & USDT