Perps! Wtf are they??

TL;DR: Perpetual futures let you trade crypto price moves without owning the asset. No expiry dates, big potential gains, but also liquidation risk if you’re reckless. DeFi is now making perps decentralized, and Coinbase is bringing them to U.S. traders. Here’s what you need to know.

No jargon. No-BS. Today’s newsletter scratches the surface before we dive deeper. Link in bio. Get your NUGGS.