Perpetual Futures Explained: The Contract That Never Expires
Perpetual futures never expire, so an eight-hour funding fee and a mark price keep the contract near spot. Here is how the market's biggest bet works.
Perpetual futures never expire, so an eight-hour funding fee and a mark price keep the contract near spot. Here is how the market's biggest bet works.
The revised CLARITY Act splits DeFi into two legal classes and aims CFTC registration at protocols that only look decentralized, days before a Senate vote.
An Arbitrum committee moved to ban three teams over 457,553 ARB in misused grants, but the proposed penalty cannot freeze wallets or claw back the funds.
Monero jumped near 50% in August, yet the 9.4 billion dollar coin trades only 78 million a day. Exchange delistings and a new THORChain rail explain it.
A September SEC order rewired Nasdaq's crypto ETF listing rules, letting each fund hold up to 15 percent of net asset value in assets that do not qualify.
Scott Bessent bet stablecoins would become a big new buyer of US Treasuries. Supply has slipped to a six-month low as the GENIUS Act sends yield elsewhere.
Coinbase filed to bring single-stock perps to US traders and shares rose 10 percent, but the filing names no date, no stocks, and faces a CME lawsuit.
The SEC's first transfer agent overhaul since the 1980s runs 421 pages and adds blockchain reporting, yet only two onchain firms have registered so far.
XRP rallied nearly 40 percent in late August, yet XRP futures open interest fell 16 percent and CME passed Binance as the top venue. Bought, not borrowed.
Twenty-one global banks are building a dollar stablecoin for 2027, but Tether, Circle and a 140-firm Open USD bloc already control the rails they want.
Polymarket gives the CLARITY Act a 14.5% chance of becoming law in 2026 even as the Senate schedules a September 15 cloture vote and whales bet against it.
Polymarket raised $1 billion at a $21 billion valuation led by Trump Jr.'s 1789 Capital, up from $8 billion last year, with no audited books released.
The GENIUS Act set a one-year deadline for stablecoin rules that lapsed in July 2026. Regulators keep drafting while the market held near $303 billion.
Polymarket prices the CLARITY Act at 13% to become law in 2026 while Kalshi gives the September vote a 91% chance. Its odds fell from 82% in February.
FlightAware is suing Kalshi over flight-cancellation markets it says use its data without permission. The case tests who controls the settlement source behind every prediction market.
Treasury sanctioned two more Iranian crypto venues on August 7. The June round covered 72% of inflows; the new case names flows of $2 million.