How many perpetual contracts are there in terms of currency

How many perpetual contracts are there in terms of currency? There are currently over 50 perpetual contracts listed on major cryptocurrency exchanges. The most popular perpetual contracts are:

• BTCUSDT (Bitcoin/USDT) - OKX, Binance, Huobi
• ETHUSDT (Ethereum/USDT) - OKX, Binance, Huobi
• BNBUSDT (BNB/USDT) - OKX, Binance, Huobi
• LTCUSDT (Litecoin/USDT) - OKX, Binance, Huobi
• ETCUSDT (Ethereum Classic/USDT) - OKX, Binance, Huobi
• LINKUSDT (Chainlink/USDT) - OKX, Binance, Huobi
• ADAUSDT (Cardano/USDT) - OKX, Binance, Huobi

• Perpetual contracts offer a number of advantages over traditional futures contracts, including:

  • No expiration date: Perpetual contracts can be held indefinitely, or until the trader decides to close their position. This gives traders more flexibility and allows them to take advantage of long-term price trends.
  • Lower margin requirements: Perpetual contracts typically have lower margin requirements than futures contracts. This means that traders can trade with less capital.
  • No delivery risk: Perpetual contracts are not settled in the underlying asset. This means that traders do not have to worry about the delivery of the cryptocurrency if they close their position.

• Perpetual contracts also come with a number of risks, including:

  • High volatility: Perpetual contracts can be very volatile, and prices can move quickly. This can lead to large losses if traders are not careful.
  • Liquidation risk: If the price of the cryptocurrency moves against the trader's position, they may be liquidated. This means that they will lose all of their margin and any profits they have made.